FxWirePro: USD/CAD bulls continue to hold the higher ground 
FxWirePro: GBP/USD recovers some ground but bears are not done yet 
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit 
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Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup 
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FxWirePro: EUR/AUD downward momentum remains in place 
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NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/JPY edges higher but bulls lack punch 
• EUR/NZD declined on Monday after PMI data showed euro zone business activity shrank much more than expected in July.
• A survey showed the downturn in euro zone business activity deepened much more than expected in July as demand in the bloc's dominant services industry declined and factory output fell.
• EUR/A NZD chart has taken a turn for the worse after todays drop.Overall risk growing for a bigger drop towards 1.7750.
• Technical signals show the pair could lose more ground as RSI has turned bearish, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.7905 (5DMA), any close above will push the pair towards 1.7970(38.2%fib).
• Immediate support is seen at 1.8851 (50%fib) and break below could take the pair towards 1.7739 (61.8% fib).
Recommendation: Good to sell round 1.7860, with stop loss of 1.7950 and target price of 1.7800
