- NZD/JPY has breached strong trendline support at 74.25, we see scope for test of 73.55 levels.
- Price action in the pair has dipped below daily cloud. 5-DMA has shown a bearish crossover on 10-DMA.
- Stochs are biased lower, but have approached oversold levels so advise caution.
- RSI is biased south and the MACD line shows a bearish crossover on the signal line.
- Immediate support for the pair is seen at 74.20 (Feb 29th lows) ahead of 73.94 (Mar 1st lows).
- On the flipside resistance is seen at 75 (session highs), 75.40 (trendline support turned resistance) and 75.48 (5-DMA).
Recommendation: Good to sell rallies around 74.55/60, SL: 75.40, TP: 74/73.65/73.55


FxWirePro:EUR/NZD gains slightly as ranges remain tight ahead U.S. inflation report
FxWirePro: USD/CNY hovers near 3-1/2-year low ahead of U.S. data
FxWirePro: USD/CAD hits two-month low as oil prices rise
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD risks tilt further to the downside
FxWirePro: GBP/NZD gains some upside momentum, but outlook is bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
AUDJPY Holds Firm Above 112 on Broad Yen Weakness: Buy Dips Toward 115
JPY Currency Scoreboard: USDJPY and NZDJPY Emerge as Top Bullish Pairs to Watch
FxWirePro: GBP/USD trades sideways as markets await U.S. inflation and UK GDP data
FxWirePro: EUR/AUD bears maintain upper hand
EURGBP Weakens After Doji – Bearish Bias Intact Below 0.8600, Sell Rallies
FxWirePro: AUD/USD range bound ahead of RBA policy decision
FxWirePro: GBP/AUD edges higher but bulls lack punch
NZDJPY Bullish at 365-EMA Support: Buy Dips Toward 95 Target 



