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FxWirePro: USD/JPY dips below lower range, bearish bias increases

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AUD/NZD tight range consolidating yesterday's RBA inspired 1.1% gain

Wednesday, April 8, 2015 5:03 AM UTC

No tier on Asian data - low key session
Momentum studies base - 5, 10 & 20 dma's head south - negative setup
Major resistance 1.0215, 38.2% of Mar/Apr fall capped yesterday
1.0152 NY low then pre RBA 1.0088 level are initial supports

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AUD/NZD tight range consolidating yesterday's RBA inspired 1.1% gain

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