• GBP/NZD rose on Tuesday as kiwi dollar resumed decline , tracking a fresh fall in the Chinese yuan to a six-month low.
• GBP/NZD has seen a 2.0365-2.0567 range on Tuesday , chart points to an overshoot above 2.0600.
• Technical are strongly bullish , daily RSI is bullish at 67, daily momentum studies 9 and 10 DMAs are trending up.
• Immediate resistance is located at 2.0567 (Daily high), any close above will push the pair towards 2.0620(23.6% fib).
• Strong support is seen at 2.0375 (5DMA) and break below could take the pair towards 2.0324 (38.2% fib)
Recommendation: Good to buy around 2.0500, with stop loss of 2.0420 and target price of 2.0600


FxWirePro- Woodies Pivot(Major)
NZDJPY Bulls Charge Toward 95.00: Safe-Haven Exodus Drives Kiwi Rally
FxWirePro: USD/CAD extends decline on broad dollar weakness
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR edges lower ,investors remain on edge
FxWirePro: USD/CAD recovers slightly but bearish outlook persists
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
FxWirePro: USD/JPY holding bid into weekend
FxWirePro: GBP/NZD up trend gains some momentum but hurdles ahead
FxWirePro: GBP/USD bulls remain cautiously optimistic
FxWirePro: GBP/AUD positions for another drop, eyes 1.8900level
FxWirePro: USD/ZAR recovers slightly but trend is still bearish
FxWirePro: EUR/CAD gains ground on prospects of resumed energy flows
FxWirePro: AUD/USD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
FxWirePro: GBP/USD biased higher but rally currently stretched 



