- NZD/JPY remains capped below 10-DMA at 73.64, further upside only on break above.
- The pair ends 3 consecutive days of gains, and is trading a narrow range on the day.
- We see scope for downside in the pair. Break below 72.75 (5-DMA) could drag the pair to 71.20 levels.
- RBNZ released its annual statement of intent on Wednesday in which it reiterated that further easing could still be required.
- New Zealand Finance Minister English said Brexit may increase attractiveness of NZ dollar and if things worsen significantly, the RBNZ has room for a rate cut.
- On the other hand upbeat data and Brexit related uncertainties likely to keep JPY supported.
Recommendation: Good to sell rallies around 73.50/60, SL: 74, TP: 73/ 72.75/ 72.35/ 72


FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/CAD gives back chunk of early gains, eyes another drop
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
Euro Refuses to Die: EUR/JPY Holds 182.50, Eyes 184 Breakout
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
NZDJPY Poised to Pop: Buy-the-Dip Setup Above Key 90 Support
FxWirePro: GBP/AUD gives up early gains after UK GDP shock
FxWirePro: GBP/NZD ticks down after UK GDP data disappoints
AUDJPY Range Play: Hold 102.95 Support, Target 105 on Breakout
FxWirePro: USD/JPY caught in narrow range, bias bearish
FxWirePro: EUR/NZD shows upside momentum, but bearish outlook remains
FxWirePro: GBP/USD dips on UK GDP data miss
FxWirePro: GBP/AUD recovers slightly but bears are not done yet
FxWirePro- Major Crypto levels and bias summary 



