• AUD/USD eased on Wednesday as the greenback continued to strengthen robust economic data and on bets Donald Trump would win the U.S. presidential election.
• Growing expectations for Trump’s victory in the November 5 election and reduced hopes for aggressive Fed rate cuts have boosted the dollar.
•At GMT 05:41 the pair was trading at 0.6689, down 0.07%,it has declined 3.2% in October.
• Technical signals show the pair could lose more ground as RSI is down at 40, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 0.6682(5SMA), any close above will push the pair towards 0.6701(38.2%fib).
• Support is seen at 0.6651(23.6%fib) and break below could take the pair towards 0.6600 (Psychological level).
Recommendation: Good to sell around 0.6680, with stop loss of 0.6770 and target price of 0.6600


FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR slips as rand gains on U.S.-Iran developments
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro: GBP/USD slips as Middle East tensions boost safe-haven dollar
FxWirePro- USD/CHF Holds Above 0.8120 as Bulls Target 0.8200
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch 



