USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD dips below lower range, bearish bias increases 
FxWirePro: USD/CNY hits 15-month low , scope for further downside 
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106 
NZD/USD chart - Trading View
NZD/USD tracks Aussie higher to hit new 6-week highs at 0.7268, scope for further gains.
The major was trading 0.53% higher on the day at 0.7262 at around 10:40 GMT, after closing 0.12% higher in the previous session.
Analysis of GMMA indicator shows major and minor trend are bullish on the daily and weekly charts.
The pair has ignored Doji formation at 200 month MA on January month candle and is currently extending gains above 200 month MA.
Volatility is high and rising and momentum indicators are bullish. A decisive close above 200 month MA will propel the pair to new highs.
Next immediate resistance lies at 88.6% Fib at 0.7320 ahead of 0.7558 (2017 high). Immediate support lies at 5-DMA at 0.7229.
Failure to hold above 200 month MA (0.7190) and close below daily cloud will negate any further upside in the pair.
