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FxWirePro- Major Pair levels and bias summary 
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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
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FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains 
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Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites 
- EUR/AUD extends slump, breaks strong trendline support at 1.4505, bias remains lower.
- ECB policy meet due later today is the major risk event for the pair. Policy is likely to be kept unchanged.
- Focus shall be on the statement and the comments in President Draghi’s accompanying press conference.
- On the other side, upbeat sentiment around the Asian equities to support the higher-yielding currency AUD. Higher US equities provided fresh impetus to the region’s indices.
- Pair finds strong support at 1.4466 (Mar 10th lows). While resistance is located at 1.4537 (5-DMA).
- Momentum studies are bearish. 1.4348 (Dec 3rd lows) will be next bear target.
Recommendation: Sell rallies around 1.4475/80, SL: 1.4520, TP: 1.4415/1.4348
