Our previous AUD/NZD call (http://www.econotimes.com/FxWirePro-AUD-NZD-slips-below-200-DMA-good-to-sell-rallies-153694) has achieved targets.
- We see scope for further downside in the pair, so advise booking partial profits and hold for 1.0690.
- Price action is now falling below the daily cloud, and MACD is seeing a bearish signal line crossover on MACD line.
- Momentum is likely to remain with the bears for some time now, tests of 1.0632 (78.6% FIb of 1.0539 to 1.0970 rise) likely.
- The pair is currently trading at 1.0739, with immediate resistance at 1.0820 (10-DMA) and support at 1.0710 (Jan 22nd lows).
Recommendation: Book partial profits, lower trailing stops to 1.0810, TP: 1.0710/1.0690/1.0640


FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
Ethereum’s Healthy Correction: Bulls Eye Strategic Re-Entry at 2,150 USD Following Profit-Booking Pullback
FxWirePro -Major European Indices
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
FxWirePro: USD/ZAR slips sharply lower as US-Iran ceasefire lifts risk appetite
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
Euro Holds the Line: EURUSD Finds Support at the 365-EMA as Peace Talks Loom
FxWirePro: GBP/AUD takes back some lost ground
FxWirePro: GBP/USD climbs to 4 -week high as ceasefire deal gives bulls traction
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
FxWirePro: EUR/NZD remains under pressure as key support gives way
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 



