GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib 
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188 
FxWirePro: USD/JPY nears 160 as intervention risk intensifies 
FxWirePro- Woodies pivot (Major) 
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast 
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 
FxWirePro- Major European Indices 
FxWirePro: NZD/USD hovers near one-week low, outlook bearish 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD falls to two-day low, scope for further downside 
FxWirePro: USD/ZAR bears maintain upper hand 
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117 
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217 
• EUR/AUD rally extended towards 1.7000 on Tuesday as concerns about rising COVID-19 cases hurt Australian dollar.
• Australian dollar has been overshadowed by rising COVID-19 cases, which is likey lead to further restrictions and derail the country’s economic recovery.
• EUR/AUD lifts above 38.2%fib and little pull back seen, sits nearby late in the day.
• Technically rising daily RSI, break of 5,11 & 21-DMA dents bearish technical signals. Bullish trending setup would only be undermined by a close below 1.6888 (50%fib)
• Immediate resistance is located at 1.7010(23.6% fib), any close above will push the pair towards 1.7055 (21st July high).
• Immediate support is seen at 1.6941 (38.2% fib) and break below could take the pair towards 1.6915(21 DMA).
Recommendation: Good to buy on dips around 1.6960, with stop loss of 1.6900 and target price of 1.7050.
