FxWirePro- Major Pair levels and bias summary 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
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FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: NZD/USD edges lower, remains on back foot 
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FxWirePro :USD/JPY eases slightly, remains on bullish path 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
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JPY Action Bias: Bullish Pairs to Watch Out For 
Chart - Courtesy Trading View
Technical Analysis: Bias Bearish
- NZD/USD was trading 0.16% higher on the day at 0.7053 at around 05:55 GMT
- The pair is extending gains for the 2nd straight session
- 5-DMA is sharply lower, price action is below major moving averages
- volatility is high and rising as evidenced by widening Bollinger bands
- Momentum is bearish, RSI is well below the 50 mark
Support levels - 0.6987 (Daily cloud), 0.6960 (23.6% Fib), 0.6935 (Trendline)
Resistance levels - 0.7060 (5-DMA), 0.7094 (200-DMA), 0.71
Summary: NZD/USD was trading with a bearish bias. 5-DMA caps upside at 0.7060, decisive break above could change near-term dynamics.
