Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: AUD/USD dips after RBA Governor speech 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro- Woodies pivot (Major) 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
• EUR/NZD declined on Wednesday as worries about slowing growth in China, a major export destination for the euro zone, and weak ZEW stats weighed on euro.
• Following the COVID19 outbreak, China’s export growth unexpectedly slowed in July, while imports also lost momentum, indicating a slowdown in China’s industrial sector.
• EUR/NZD could be on the verge of a deeper fall after sliding below the 5-day moving average and 38.2% fib on Wednesday.
• Technical lean bearish, RSI is trending lower at 36, momentum studies, 9, 11 DMAs falling southwards.
• Immediate resistance is located at 1.6691(38.2% fib), any close above will push the pair towards 1.6712 (5DMA)
• Support is seen at 1.6624 (23.6% fib) and break below could take the pair towards 1.6566 (Lower BB).
Recommendation: Good to sell around 1.6670, with stop loss of 1.6800 and target price of 1.6550.
