Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Crypto levels and bias summary 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 
FxWirePro: USD/CAD edges lower but bullish outlook persists 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
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FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise 
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: USD/CNY edges higher but bulls lack punch 
FxWirePro- Woodies pivot (Major) 
• EUR/AUD declined on Wednesday as Iron-ore , copper gains contributed to AUD 's buoyancy.
• Copper prices rallied on Wednesday to a seven-week peak, underpinned by a brighter demand outlook and supply tightness in top consumer China
• At GMT 16:48, the pair was trading down 0.23 percent at $1.5903.
• Technical signals are bearish as RSI is heading down at 40, daily momentum studies 5, 9 and 11 DMAs are trending down, bolster bearish momentum.
• Strong resistance is located at 1.5949( 5DMA), any close above will push the pair towards 1.6027(38.2%fib)
• Immediate support is seen at 1.5876 (23.6 %fib ) and break below could take the pair towards 1.5841 (Lower BB).
Recommendation: Good to sell around 1.5910, with stop loss of 1.5980 and target price of 1.5820
