FxWirePro-Major European Indices 
FxWirePro: USD/JPY builds momentum , eyes 157.00 level in the short term 
NZDJPY Bulls in Control: Buy-the-Dip Setup Points to 96 Target 
FxWirePro: NZD/USD consolidating around 0.6030 , bias is bullish 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/NZD remains weak, eyes 2.2550 level 
NZD/USD chart - Trading View
Kiwi sell-off accelerates after Dovish RBNZ comments. NZD/USD was trading 1.19% lower on the day at 0.5962 at around 10:35 GMT.
RBNZ Governor Adrian Orr stated that the central bank will be thinking about the need for additional stimulus at its May review.
The RBNZ’s next policy meeting is scheduled on the 13th May. Orr also left open the possibility of negative rates.
Technical studies support weakness in the pair. Price action has failed to hold above 21-EMA.
5-DMA has turned and Stochs and RSI are biased lower. Price action has slipped below 20-DMA support.
The pair has resumed downside after 'Dragonfly Doji' formation on the previous day's candle.
Scope for test of next support at 0.56 (Kijun Sen). Failure to close below 20-DMA could see sideways movement.
