FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
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EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
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FxWirePro: AUD/USD dips after RBA Governor speech 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend? 
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
• EUR/NZD declined on Monday as after a survey showed German Ifo business climate index missed expectations in April.
•German business morale improved only slightly in April as a third wave of COVID-19 infections and a semiconductor shortage in the motor vehicle sector slowed a recovery in Europe’s largest economy.
• Selling pressure will remain in the short-term, only a move above 1.5625 ( 50 % fib) strong resistance will shift the bias higher.
• Technical signals show the pair could lose more ground as RSI is at 47 bearish, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.5550 (38.2%fib), any close above will push the pair towards 1.5657 (Higher BB).
• Immediate support is seen at 1.5460 (23.6%fib) and break below could take the pair towards 1.5380(Lower BB).
Recommendation: Good to sell round 1.5500, with stop loss of 1.5630 and target price of 1.5400
