FxWirePro: EUR/AUD little changed after Fed's hawkish cut 
FxWirePro: GBP/NZD dips, set to stay on back foot 
FxWirePro: AUD/USD hovers near three-month high, scope for further upside 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/ZAR downside pressure builds, key support level in focus 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro-Major European Indices 
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FxWirePro- Woodies Pivot(Major) 
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FxWirePro: GBP/USD steadies around 1.3310,retains bid tone 
EURJPY Double-Top Tease at 182.65 – Bulls Reload for 183–185 Breakout 
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FxWirePro: EUR/CAD neutral in the near-term, scope for downward resumption 
• AUD/USD steadied on Wednesday as higher commodities prices and softer dollar supported Australian dollar.
• The U.S. dollar has weakened following the release of April's Consumer Price Index (CPI) data, which showed inflation rising at a slower pace than anticipated.
• Commodity prices rose, with iron ore hitting a two-week high and copper reaching its highest level in six weeks.
• This surge was primarily driven by a temporary easing of trade tensions between the United States and China, coupled with a weakening U.S. dollar..
• At GMT 05:00, the Australia dollar was up 0.13% to 0.6414 against the US dollar.
• Immediate resistance is located at 0.6491(38.2%fib), any close above will push the pair towards 0.6513(Higher BB).
• Support is seen at 0.6385(50%fib) and break below could take the pair towards 0.6319(Lower BB).
Recommendation: Good to buy around 0.6470 with stop loss of 0.6400 and target price of 0.6550
