- AUD/USD slide from 0.7385 highs hit on Dec 4th is seen cushioned by cloud top (currently at 0.7162) on multiple occasions.
- AUD/USD trades above yesterday's 0.7270 high on short covering, USD looks vulnerable as market expecting very dovish Fed statement after rate hike, Dollar long positions are being liquidated at a faster pace than expected, could support the pair higher.
- RBA minutes which read upbeat on the overall Australian economic outlook, despite the recent decline in commodities' prices and firmer Australian stocks contributing to the renewed buying interest.
- Technically on the charts, Stochs have rolled over from oversold and RSI is biased higher.
- The pair is currently trading at 0.7255, minor resistance is seen at Friday's 0.7280 high with break targeting 0.7335 and then 0.7360.
- Support on the downside is located at 21 DMA and session lows at 0.7236, and further below at 0.7190 (55 & 100-Day MAs).
Recommendation: Good to buy dips around 0.7240, SL: 0.7190, TP: 0.7335
Resistance Levels:
R1: 0.7273 (10-Day MA)
R2: 0.7281 (Daily High Dec 11)
R3: 0.7335 (Daily High Dec 10)
Support Levels:
S1: 0.7236 (21 DMA)
S2: 0.7190 (55 & 100-Day MAs)
S3: 0.7160 (Cloud Top, Low Dec 14)


EURUSD Reverses Higher as Geopolitics Ease; Dip-Buy at 1.1740 Eyes 1.1825
FxWirePro: GBP/NZD extends drop, eyes 2.2800 level
FxWirePro: EUR/ NZD under pressure after early buying dries up
FxWirePro: GBP/NZD continues to recovers , upside pressure builds
FxWirePro:NZD/USD gains upside momentum as bulls take charge
AUD/JPY: Narrow Range, Bullish Bias—Dip-Buy Setup at 113.58–60 Targets 115
NZD/JPY: Dip-Buy Setup Emerges as 92.80 Support Holds Toward 95–96
FxWirePro: USD/CNY downside pressure builds, key support level in focus
FxWirePro: USD/JPY below lower range, bearish bias increases
ETHUSD Dip-Buy at 2300 as 55 EMA Hurdle Caps Rally; Upside Targets 2770/2880/3000 on 2500 Break
FxWirePro: EUR/AUD dips below lower range, bearish bias increases
FxWirePro: EUR/AUD tight ranges prevail as market waits for fresh catalyst
ETHUSD Dip-Buy at 2300 as 55 EMA Hurdle Caps Rally; Upside Targets 2770/2880/3000 on 2500 BreakETHUSD dropped almost $100 from the small peak of $2405 that developed yesterday. It hit an intraday low of $2308 and is currently trading at roughly $2319.
FxWirePro- Major European Indices
FxWirePro: USD/ZAR eases as investors track US-Iran talks, await domestic month-end data
FxWirePro: AUD/USD sustains gains as uptrend remains strong
FxWirePro: USD/CAD hits 7-week –low, scope for further downside 



