NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
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FxWirePro: USD/ CNY gains some upside momentum but still bearish 
FxWirePro: GBP/NZD edges higher but bearish outlook persists 
AUDJPY Eyes New Highs: Bulls Hold 102 Support, Target 104 
FxWirePro: GBP/USD hits 5-week,scope for further upside 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
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FxWirePro: NZD/USD sustains gains as uptrend remains strong 
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FxWirePro- Major European Indices 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro- Major US Indices 
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support 
• AUD/USD traded flat on Monday as investors awaited key Australian inflation CPI data this week.
• The Australian Bureau of Statistics is set to unveil its new comprehensive monthly CPI figures on Wednesday, phasing out the old, incomplete dataset. A Reuters poll showed weighted annual CPI is expected to be sticky at 3.6%.
• Housing and market-services prices are in sharp focus for investors seeking a more accurate gauge of inflation.
• Swaps imply little chance of a rate cut from the RBA until May next year when a move is about 50% priced in, after an inflation surge in the last quarter dashed hopes for any more policy easing.
• Immediate resistance is located at 0.6496(38.2%fib), any close above will push the pair towards 0.6515(SMA 20).
• Support is seen at 0.6424(23.6%fib) and break below could take the pair towards 0.6417 (Lower BB).
Recommendation: Good to sell around 0.6470, with stop loss of 0.6550 and target price of 0.6430
