- AUD/USD spikes higher from session lows at 0.7633, retakes 5-DMA at 0.7650.
- AUD buoyed after RBA held policy unchanged, said higher commodity prices have supported a rise in the trade surplus.
- The bank did state that the inflation is expected to remain low for some time and did not sound seriously concerned by the strength in the Aussie dollar.
- Technical studies in the pair support upside, ADX supports trend higher.
Support levels - 0.7650 (5-DMA), 0.7646 (78.6% Fib), 0.76, 0.7577 (Feb 2 low)
Resistance levels - 0.77 (psychological level), 0.7716 (88.6% Fib), 0.7755 (trendline)
TIME TREND INDEX OB/OS INDEX
1H Bullish Neutral
4H Bullish Neutral
1D Bullish Overbought
1W Bullish Neutral
Call update: Our previous call (http://www.econotimes.com/FxWirePro-AUD-USD-breaks-major-trendline-resistance-at-07625-good-to-go-long-on-dips-521892) has hit TP1.
Recommendation: Book partial profits at highs, raise trailing stops to 0.7630, hold for 0.77/ 0.7750.


Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/ZAR edges higher but bearish outlook persists
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro- Woodies Pivot(Major)
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Crypto levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook 



