FxWirePro- Woodies pivot (Major) 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
Major Pair Action Bias: Bullish Pairs to Watch Out For 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro- Major Pair levels and bias summary 
Chart - Courtesy Trading View
NZD/USD was trading 0.20% higher on the day at 0.6818 at around 06:20 GMT.
The pair is extending rebound from 2021 lows hit last week, scope for further upside.
Kiwi bulls cheer upbeat China inflation figures, however, risk-off mood seems to keep upside limited.
Data released earlier today showed China’s Consumer Price Index (CPI) jumped the most since August 2020, by 2.3% YoY and 0.4% MoM in November.
Further, the Producer Price Index (PPI) crossed 12.6% forecasts to arrive at 12.9% YoY in the said month.
Focus now on the key US CPI data, up for Friday, which could fuel market chatters over the Fed rate hike.
Technical bias is turning bullish on the intraday charts, the pair has held support at 200-week MA.
Price action is above 200H MA, scope for test of 21-EMA at 0.6879. Bearish continuation only below 200-week MA.
