• GBP/ NZD strengthened on Tuesday as another disappointing set of Chinese trade figures weighed on risk sensitive kiwi dollar.
• China's imports and exports fell much faster than expected in July as weaker demand threatens recovery prospects in the world's second-largest economy.
• At GMT 19:20, the pair was trading up 0.41 percent,highest level since since April 1st 2020.
• From a technical viewpoint, the moving averages are pointing upwards, while the RSI is strongly bullish at 60.
• Immediate resistance is located at 2.1061(Higher BB), any close above will push the pair towards 2.1190 (23.6%fib).
• Strong support is seen at 2.0974 (38.2%fib) and break below could take the pair towards 2.0931(5DMA )
Recommendation: Good to buy around 2.1000 with stop loss of 2.0900 and target price of 2.1080


FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro- Major Crypto levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal 



