• GBP/AUD declined on Tuesday a Australian dollar dollar was boosted by higher commodity prices and as investors wagered surging inflation will hasten rate rises.
• Underlying trend remains bearish. A break below 1.8333 (23.6% fib)might spur fresh downward momentum.
• Technical are bearish, daily RSI is negative at 33, daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.8385 (5 DMA ), any close above will push the pair towards 1.8444 (38.2% fib).
• Strong support is seen at 1.8333 (23.6% fib) and break below could take the pair towards 1.8284 (Lower BB).
Recommendation: Good to sell around 1.8370, with stop loss of 1.8450 and target price of 1.9250


FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/ZAR edges higher but bearish outlook persists
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Crypto levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 



