AUD/USD has recovered above the 0.70 handle after slipping to as low as 0.6973 on Tuesday's trade.
- We see strong resistance for the pair around 0.7095 levels - 0.7095 Feb 9th highs, 0.7094 10-DMA, 0.7093 5-DMA.
- Breaks above could take the pair to 0.7220 which is strong trendline resistance (joining 0.7385-Dec 4th, 0.7327-Dec 31st and 0.7243-Feb 4th highs).
- Techs suggest downside for the pair, Stochs, RSI and MACD are biased lower, tests of 0.6937 likely.
- Immediate resistance is seen at 0.7095 (Feb 9th highs), while support on the downside is located at 0.70 (Feb 3rd lows).
- Focus remains on Yellen's testimony and US crude supply data due later in the US session today which could have a major influence on the pair.
Recommendation: Good to sell rallies around 0.7050, SL: 0.71, TP: 0.70/0.6985/0.6950


FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD steadies ahead of ECB meeting
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: GBP/USD climbs above 1.34 after BoE's relatively hawkish cut
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD recovers slightly but trend is still bearish
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Major Pair levels and bias summary 



