FxWirePro:USD/JPY hovers near a four-decade low 
FxWirePro: GBP/AUD bears maintain upper hand 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path 
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks 
FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: USD/CNY edges higher but bulls lack punch 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro- Woodies pivot (Major) 
FxWirePro- Major Crypto levels and bias summary 
• EUR/NZD rose higher on Wednesday as the pair continued to benefit from hawkish comments from ECB and weaker kiwi dollar.
•Pair traded in 1.6534/1.6643 range and was last trading at 1.6629 into the US afternoon.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 63 bullish, daily momentum studies 5, 10 and 11 DMAs are trending up.
•Immediate resistance is located at 1.6649(38.2% fib), any close above will push the pair towards 1.6693 (16th May high).
•Strong support is seen at 1.6577 (5DMA) and break below could take the pair towards 1.6498 (50% fib ).
Recommendation: Good to buy around 1.6610, with stop loss of 1.6500 and target price of 1.6700
