Major Pair Action Bias: Bullish Pairs to Watch Out For 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
JPY Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
• EUR/NZD rose on Tuesday as euro was boosted by weaker New Zealand dollar and upbeat Eurozone PMI data.
• Business activity in the eurozone picked up this month despite surging inflation driven by supply chain disruptions, rising energy costs and higher wages.
• A daily EUR/NZD close above the 50% fib at 1.6297 will further improve the bullish outlook, and open the possibility of a rally towards 1.6400.
• From a technical viewpoint, RSI is bullish, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.6255 (Daily high), any close above will push the pair towards 1.6297 (50% fib).
• Immediate support is seen at 1.6155 (5DMA) and break below could take the pair towards 1.6092(23.6%fib).
Recommendation: Good to buy on dips around 1.6240, with stop loss of 1.6160 and target price of 1.6360.
