FxWirePro: GBP/NZD beginning to trend higher but hurdle ahead 
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FxWirePro: EUR/AUD consolidating around 1.6490, room for further gains 
FxWirePro: EUR/AUD positions for another climb, eyes 1.6650 level 
FxWirePro:EUR/AUD consolidates around 1.6585, maintains bullish bias 
FxWirePro: GBP/ AUD gently bid,a close above a key level needed to tighten grip 
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FxWirePro:GBP/NZD downside pressure builds, key support level in focus 
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FxWirePro:EUR/NZD getting back on track for run toward 1.8100 level 
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FxWirePro: GBP/AUD under pressure after early buying dries up 
• EUR/NZD strengthened on Thursday from early dip as economic slowdown fears tempered risk sentiment.
• The euro erased Wednesday's losses against the kiwi dollar , the pair was last up at 0.10% at 1.6546 .
• From a technical viewpoint, RSI is strongly bearish at 41, daily momentum studies, 5, 10 and 11 daily MAs are pointing lower.
• Immediate resistance is located at 1.6572 (5DMA), any close above will push the pair towards 1.6643 (50%fib).
• Immediate support is seen at 1.6472 (38.2%fib) and break below could take the pair towards 1.6403 (Lower BB).
Recommendation: Good to sell around 1.6550, with stop loss of 1.6634 and target price of 1.6480
