EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro- Woodies pivot (Major) 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
NZD/USD chart - Trading View
NZD/USD was trading 0.08% higher on the day at 0.6970 at around 05:40 GMT.
The major is extending marginal gains ahead of crucial US non-farm payrolls data, however, upside lacks traction.
Technical indicators support weakness. Price action has failed to extend gains above 200-DMA.
Upside remains capped at 5-DMA which is biased lower. Momentum is also bearish. Volatility is high.
Price action is below 200H MA. Analysis of GMMA indicator shows major and minor trend are strongly bearish on the daily charts.
U.S. NFP is expected to rise from 559K to 690K in June. Markets expect US unemployment rate to drop from 5.8% to 5.6%.
Should the jobs report portray strong recovery in the US labor conditions, the push for Fed’s monetary policy adjustments will be stronger and favor the USD bulls.
The pair is on track to test major trendline support at 0.6915. 5-DMA is immediate resistance at 0.6988. Bearish invalidation above 200-DMA.
