• AUD/USD steadied on Thursday as a rebound in global stock markets and a recovery in commodity prices bolstered risk sentiment.
• Investors shrugged off a mixed U.S. inflation report and turned their attention to anticipated interest rate cuts from the ECB later in the day.
• AUD/USD is approaching the 38.2% fibonacci retracement level. A close above this level could lead to a significant rally towards 0.6850 level.
• Immediate resistance is located at 0.6697 (38.2%fib), any close above will push the pair towards 0.6743 (Sep 5th high).
• Support is seen at 0.6645 (50%fib) and break below could take the pair towards 0.6610 (Lower BB).
Recommendation: Good to buy around 0.6720, with stop loss of 0.6670 and target price of 0.6820


FxWirePro- Major Crypto levels and bias summary
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro: USD/CAD retains bid tone,eyes 1.4200 level
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD gains some upside momentum but still bearish
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118 



