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FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
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Major Pair Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
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FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
• EUR/NZD declined on Friday as traders remained short as investors grappled with a surge in coronavirus cases and lockdown prospects in Eurozone .
• Pair traded in a quiet 1.1666/1.6088 range and was last trading at 1.6131 in late US session.
• Selling pressure will remain in the short-term, only a move above 1.6300 ( 50 % fib) strong resistance will shift the bias higher.
• Technical signals show the pair could lose more ground as RSI is at 41 bearish, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.6143 (5DMA), any close above will push the pair towards 1.6207(38.2%fib).
• Immediate support is seen at 1.6085 (23.6%fib) and break below could take the pair towards 1.6000(Psychological level).
Recommendation: Good to sell round 1.6110, with stop loss of 1.6220 and target price of 1.6070
