• AUD/USD traded around $0.653 on Wednesday, staying close to its weakest point in three months as the US dollar maintained its strength.
• Data from the Australian Bureau of Statistics released on Wednesday showed the wage price index increased by 0.8% in the September quarter, slightly below market expectations of a 0.9% gain.
• Annual pay growth slowed to 3.5%, from 4.1%, the lowest reading since the last quarter of 2022.
• At GMT 06:06, the pair was down at 0.07 percent at 0.6530 , having touched day low at 0.6516 earlier in the day.
• Technical highlight downside risk for AUD/ USD, with momentum studies, 5, 10 and 11 SMAs tracking south.
• Immediate resistance is located at 0.6578(38.2%fib), any close above will push the pair towards 0.6000(Psychological level).
• Support is seen at 0.6516(23.6%fib) and break below could take the pair towards 0.6478 (Lower BB).
Recommendation: Good to sell around 0.6540, with stop loss of 0.6640 and target price of 0.6470


FxWirePro- Major Crypto levels and bias summary
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Pair levels and bias summary
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: USD/ZAR sell bias remains below key resistance zone 



