- NZD/CHF slumped lower on Wednesday's trade to close below major support at 200-DMA.
- Kiwi dented on CPI data miss. NZ Q4 CPI +0.1 pct q/q (poll +0.4 pct); y/y CPI +1.6 pct ( poll +1.9 pct).
- The pair's recovery attempts on the day remained capped below 20-DMA. Upside was rejected at highs.
- Technical studies slightly bearish. RSI and Stochs are biased lower and we see -ve DMI dominance.
- Cloud is immediate strong support. Break there raises scope for test of 61.8% Fib at 0.6855.
- On the flipside, retrace and close above 200-DMA invalidates bearish bias.
Support levels - 0.6913 (100-DMA), 0.6868 (cloud top), 0.6854 (61.8% Fib)
Resistance levels - 0.6945 (200-DMA), 0.6987 (20-DMA), 0.6992 (5-DMA)
Recommendation: Stay short on rallies around 0.6945, SL: 0.6990, TP: 0.6915/ 0.6870/ 0.6855
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.


BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/AUD moves lower on weak UK data
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary 



