• GBP/AUD initially edged lower on Monday but recovered some ground as caution set in ahead of an Australian central bank policy meeting.
• The Reserve Bank of Australia (RBA) is expected to address its stimulus package at a policy meeting on Tuesday, but is likely to remain dovish overall, given the recent coronavirus lockdowns in the country.
• Pair traded in a quiet 1.8358/1.8406 range and was last trading at 1.8394 into the US afternoon.
• Technical signals are mixed as RSI is at 53, daily momentum studies 10,11 and 14 DMAs are trending down.
• Immediate resistance is located at 1.8409 ( 38.2%fib), any close above will push the pair towards 1.8500 (Higher BB).
• Strong support is seen at 1.8355(21DMA ) and break below could take the pair towards 1.8318 (50%fib).
Recommendation: Good to sell around 1.8400, with stop loss of 1.8470 and target price of 1.8320.


FxWirePro- Major Crypto levels and bias summary
Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro- Woodies pivot (Major)
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
FxWirePro: NZD/USD hovers near one-week low, outlook bearish
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro- Major European Indices
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117 



