• EUR/AUD dipped on Monday as traders reposition ahead of the Reserve Bank of Australia (RBA) interest rate decision due on Tuesday.
• Market focus is firmly on the Reserve Bank of Australia policy decision at 03:30 GMT, where a 25 basis point rate hike is widely expected.
• Attention will be on the accompanying Reserve Bank of Australia statement and forward guidance, as the tone regarding inflation risks and future tightening will be critical in shaping near-term AUD direction.
• Technical signals are bearish as RSI is at 25, momentum studies 11,14 and 21 DMAs are trending down.
• Immediate resistance is located at 1.7410 (38.2%fib), any close above will push the pair towards 1.7252(SMA 20).
• Immediate support is seen at 1.6907(23.6%fib) and break below could take the pair towards 1.6819 (Lower BB).
Recommendation: Good to sell around 1.7000 with stop loss of 1.7080 and target price of 1.6900


FxWirePro: AUD/USD edges lower, but bullish outlook persists
FxWirePro: GBP/USD advance after softer US inflation dims Fed rate hike bets
FxWirePro- Major Pair levels and bias summary
FxWirePro :USD/JPY bulls loosen their grip a bit, dips to be bought
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
AUDJPY Extremely Bullish Above 113: Strong AUD Fuels Fresh Rally – Buy Dips at 113 Targeting 115
FxWirePro- Major Pair levels and bias summary
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
FxWirePro:EUR/NZD extends fall, key support lies ahead
FxWirePro- Major Crypto levels and bias summary
NZDJPY Extremely Bullish Above 94: Broad NZD Buying Fuels Fresh Upside – Buy Dips at 93.70 Targeting 95
FxWirePro: USD/CAD falls after BoC rate hold and weak U.S. producer inflation
FxWirePro: NZD/USD trades in narrow range ,outlook bullish
FxWirePro: NZD/USD steadies around 0.5830,retains bid tone
FxWirePro: GBP/AUD loses momentum but outlook is bullish 



