- Minor resistance - 16400
- Major resistance - 16575 (200 day 4 HMA)
- Major support -15600
- The index has broken major resistance 16350 and jumped till 16525. It is currently trading around 16348.
- It is facing major resistance around 16575 and any break above 16575 confirms minor trend reversal, jump till 16700/17000/17250 is possible .
- On the lower side minor support is around 16000 and break below targets around /15500/15200/14880 (200 day W MA).
- Short term trend reversal can be seen only above 17200.
It is good to buy above 16250-300 with SL around 16000 for the TP of 16575/1700


FxWirePro: AUD/USD in holding pattern as market await fresh catalyst
NZDJPY Bullish Consolidation: Buy Dips Near 93 with Targets at 95 as All EMAs Align Strongly Bullish
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target
Major Pair Currency Score: GBPUSD and AUDUSD Extremely Bullish, NZDUSD Bullish
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD dips as Aussie gains after RBA decision
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
FxWirePro : USD/JPY holds near 160 as yen remains under pressure
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ZAR edges higher after weak SA jobs and manufacturing data 



