• GBP/NZD recovered ground on Wednesday as Brexit, US election vigil gave the pair a lift.
• GBP/NZD rallied to test resistance at 1.9575 but failed to breach as bulls ran out of strength
• At GMT 18:30, the pair was trading up 0.43 percent at 1.9522 after reaching daily high at 1.9584.
• Technicals are bearish, daily RSI is at 48 , daily momentum studies 5, 9 and 10 DMAs are trending south.
• Immediate resistance is located at 1.9575 (38.2%fib ), any close above will push the pair towards 1.9600 (55DMA).
• Strong support is seen at 1.9420 (23.6% fib) and break below could take the pair towards 1.9322 (Lower BB).
Recommendation: Good to sell on around 1.9520, with stop loss of 1.9620 and target price of 1.9400


FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/ CNY hits one-month low,scope for futher downside
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 



