GBP/NZD has broken out of its consolidation phase and is extending upside after breaking resistance at 2.1252 (Mar 2nd highs).
- Momentum indicators are biased higher and the MACD has also given confirmation with a bullish MACD line crossover on signal line.
- Upside is likely to find next resistance at 2.1569 (Feb 22nd highs), further bullishness could take the pair to 2.1733 which is 23.6% Fib retrace of 2.53187 to 2.06251 fall and Feb 18th highs.
- Moving averages have turned higher and offer strong support on the downside at 2.1115 and 2.1075, 5 and 10 DMA respectively.
Recommendation: Good to buy dips around 2.1370, SL: 2.1250, TP: 2.1569/2.17


FxWirePro- Major European Indices
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/ NZD downside pressure builds, key support level in focus
Pound Sterling Power: GBP/JPY Secures Third Day of Gains as Global Risk Tensions Recede
FxWirePro- Major European Indices
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro: USD/CNY falls to three-year high, scope for further downside
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
FxWirePro- Woodies Pivot(Major)
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: USD/ JPY slips as yen rallies after Mideast ceasefire declaration
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro- Major Pair levels and bias summary
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
Ethereum Reclaims Higher Ground: Ether Bulls Target $2,700 as Middle East Tensions Thaw 



