EURUSD Flat Amid Middle East Tension – Bullish Dip Buy Eyes 1.1660 
GBPJPY Surges on Yen Weakness – Bullish Dip Buy Eyes 217 
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NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target 
AUDJPY Rebounds on Yen Weakness – Bullish Buy Setup Above 112 Targets 115 
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies 
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GBPJPY Consolidates Above 215 on Bullish Momentum: Buy Dips Toward 217 
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Currency Score Major Pair: Extremely Bullish GBPUSD, AUDUSD & NZDUSD – Key Levels to Watch 
- EUR/AUD extends upside into daily cloud after breaking strong trendline resistance at 1.4835 on last Wednesday's trade.
- Markets now focus on RBA's policy meet tomorrow, disappointingly weak CPI data in Australia sees a very strong potential for a rate cut in May.
- But, Australia's business conditions and confidence remain around elevated levels and continue to suggest that the business environment is positive at present.
- Technicals on daily charts support upside in the pair, price action in the pair has entered daily cloud. We see weakness only on break below cloud base currently at 1.4941.
- Our previous call (http://www.econotimes.com/FxWirePro-EUR-AUD-capped-below-150-handle-upside-only-on-breaks-above-201426) has hit target price:1
Recommendation: Book partial profits, place stops at 1.4940, hold for 1.510/1.5160.
