GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro- Major Crypto levels and bias summary 
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FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
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FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
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JPY Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: GBP/AUD under pressure as pound continues to weaken 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ZAR retreats slightly but bias is bullish 
• EUR/NZD declined on Tuesday as concerns of another round of harsh Western sanctions on Russia weighed on euro.
•The European Commission proposed on Tuesday new sanctions against Russia over its invasion of Ukraine
• Todays drop has put EUR/NZD back below 38.2%fib and has put the 23.6%fib 1.5471 at back in play
• Technical signals show the pair could lose more ground as RSI is at 29 bearish, and 5, 9,11 DMA’s are trending south.
• Immediate resistance is located at 1.5744 (38.2%fib), any close above will push the pair towards 1.5858(5DMA).
• Immediate support is seen at 1.5572 (Lower BB) and break below could take the pair towards 1.5471 (23.6% fib).
Recommendation: Good to sell round 1.5690, with stop loss of 1.5850 and target price of 1.5530
