FxWirePro: USD/CNY loses momentum but bearish setup remains 
FxWirePro: USD/JPY firms as dip-buying supports the pair 
FxWirePro: NZD/USD softens as markets await US inflation data 
FxWirePro: USD/JPY eases slightly but outlook is bullish 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro:EUR/NZD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/CNY trades flat near a 3-1/2-year , US inflation eyed 
FxWirePro- Major Pair levels and bias summary 
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Major Pair Currency Score: EURUSD, GBPUSD, NZDUSD, and AUDUSD Show Bullish Trends 
FxWirePro- Woodies Pivot (Major) 
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• NZD/USD traded in narrow range on Thursday as investors cautious escalation in Middle East hostilities.
•U.S. forces attacked Iran's coastal military defences and missile installations on Wednesday after reinstating a naval blockade. In response, Iran warned of further disruptions to regional energy exports, characterizing the conflict as an "existential war" with America.
• Escalating hostilities between the U.S. and Iran kept oil prices near one-month highs, sustaining pressure on the inflation outlook.
• Oil prices climbed for a fourth straight session on Thursday, with Brent crude hovering near a one-month high of $85.28 a barrel.
• Immediate resistance is located at 0.5893(38.2%fib), any close above will push the pair towards 0.5936 (June 2nd high).
• Support is seen at 0.5814(50%fib)and break below could take the pair towards 0.5740 (61.8%fib).
Recommendation: Good to buy around 0.5840 with stop loss of 0.5760and target price of 0.5890
