AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge 
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook 
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97 
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD retreats slightly but trend is still bullish 
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance 
FxWirePro: GBP/NZD downtrend loses steam, remains on bearish path 
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report 
FxWirePro: GBP/NZD gains some upside momentum but still bearish 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support 
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40 
FxWirePro: USD/CNY gains some upside momentum but bias still bearish 
FxWirePro: EUR/ AUD downtrend loses steam, remains on bearish path 
• AUD/ USD strengthened on Wednesday after data Australian inflation slowed to a four-month low in July .
• According to data from the Australian Bureau of Statistics released on Wednesday, the Consumer Price Index (CPI) increased by 3.5% year-on-year in July, down from 3.8% in June.
• The CPI figure of 3.5% for July, slightly above the forecast of 3.4%, led markets to adjust their expectations for the RBA’s first rate cut. The likelihood of an easing in November shifted to 48.4%, down from the previous 58%.
• Technical highlight upside risks for AUD/ USD, with momentum studies, 5, 10 and 21 DMAs tracking north.
• Immediate resistance is located at 0.6801 (23.6%fib), any close above will push the pair towards 0.6851 (Higher BB).
• Support is seen at 0.6764(Aug 27th low) and break below could take the pair towards 0.6731 (50%fib).
Recommendation: Good to buy around 0.6780, with stop loss of 0.6660 and target price of 0.6850
