AUD/USD spiked to 0.7210 post RBA no change stance, then slid to 0.7110 on easing bias, and has now regained the 0.72 handle.
- Aussie bulls ignore RBA's further easing bias and cheer the central banks optimistic comments on economic outlook
- The pair is pushing higher as futures price out Dec easing, futures market only pricing in around a 35% chance of Dec 25 BP rate cut
- Also RBA Governor Stevens speaks Thursday and RBA SOMP released on Friday, the c.bank has chance to clarify intentions
- AUD/USD is currently trading at 0.7200, easing slightly after hitting highs of 0.7212
- Strong resistance is seen at 0.72 (trendline) ahead of 0.7225 (21-day MA and 50% of 0.7382/0.7067 converge)
- Stochs on hourlies show bearish crossover from overbought levels, correction lower could ensue
- Supports on the downside are seen at 0.7162 (hourly 10 SMA), and further below at 0.7109 (cloud top)
Recommendation: Good to sell rallies around 0.7200, SL: 0.7240, TP: 0.7150


CAD/JPY Dips After Weak GDP – Buy the Pullback at 113, Eyes 115 Breakout
EUR/GBP Slumps to 0.86598 — Bears Dominate While 0.86750 Caps Any Bounce
FxWirePro: USD/CAD claws back some ground, but downtrend remains intact
FxWirePro: AUD/USD eases from 3-year high , bias bullish
AUDJPY Powers Up: Bullish Bias Holds Above 107 – Eyes 110 on Breakout
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD gains some upside momentum but still bearish
FxWirePro: GBP/USD uptrend loses steam, remains on bullish path
EURJPY Trapped in Bearish Squeeze: Sell Rallies Near 184 – 180 in Sight
FxWirePro: NZD/USD edges up, remains on front foot
FxWirePro: EUR/ NZD heads deeper into bear territory, 23.6% fib eyed
FxWirePro: EUR/AUD falls below 1.7000, bears keep the advantage
FxWirePro- Major European Indices
FxWirePro: USD/ZAR gains mild momentum, trend remains bearish 



