FxWirePro: NZD/USD edges lower, remains on back foot 
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NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
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FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
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FxWirePro- Major Pair levels and bias summary 
• EUR/AUD recovered some ground on Thursday as European Central Bank kept its massive stimulus taps open and maintained its view that a recent spike in inflation would be temporary.
• EUR/AUD fell as low as 1.5390 before buyers returned and underpinned .EUR/AUD moving higher into the US afternoon and is sitting around 1.5487
• Technical signals are bearish as RSI is at 34, daily momentum studies 5,11 and 14 DMAs are trending down.
• On the upside, Immediate resistance is located at 1.5502 ( 9DMA), any close above will push the pair towards 1.5550 (38.2%fib)
• Strong support is seen at 1.5420 (23.6% fib ) and break below could take the pair towards 1.5334(Lower BB).
Recommendation: Good to sell around 1.5420, with stop loss of 1.5500 and target price of 1.5370
