• AUD/USD rose sharply on Thursday as gains were fueled by a hawkish outlook from the Reserve Bank of Australia and growing optimism over potential stimulus measures in China.
• Australia's top central banker said on Thursday it was hard to judge the inflation implications of the U.S. election for Australia at this stage, but policymakers would be watching closely and responding as necessary.
• Reserve Bank of Australia Governor Michele Bullock said the central bank had not yet changed its outlook for inflation, which is only expected to return to its target band sustainably in 2026..
• At GMT 14:36, the pair was trading up at 1.37 % at 0.6655, its highest since 24th Oct.
• Immediate resistance is located at 0.6671 (50%fib), any close above will push the pair towards 0.6723(61.8%fib).
• Support is seen at 0.6613(38.2%fib) and break below could take the pair towards 0.6589(5SMA).
Recommendation: Good to by around 0.6650, with stop loss of 0.6400 and target price of 0.6720


Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
FxWirePro: GBP/USD stuck in range but maintains bearish bias
FxWirePro- Major Pair levels and bias summary
FxWirePro:NZD/USD jumps as RBNZ warns of higher OCR potential
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: AUD/USD slips amid wavering risk sentiment
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
FxWirePro: GBP/NZD reverses course, bias back to downside
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: EUR/AUD falls below 1.6600 level, plunge to test a key fibo grows
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 



