Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
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FxWirePro- Woodies pivot (Major) 
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Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
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Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
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• GBP/NZD rose higher on Friday as solid demand on recent dips toward low 1.9634 helped inflate the pair towards 1.9788.
• GBP /NZD bulls have to contend with strong resistance at 1.9866 (23.6%fib). If GBP /NZD longs overcome that level, tests of 1.9900 (Psychological level) resistance is likely.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 67 bullish, daily momentum studies 5, 9 DMAs are trending higher.
•Resistance Levels : 1.9866 (23.6%fib) , 1.9900 (Psychological level), 1.9982 (29th May high)
• Support Levels: 1.9692 (38.2% fib), 1.9634(9 DMA), 1.9568( 50%fib)
Recommendation: Good to on dips around 1.9750, with stop loss of 1.9500 and target price of 1.9900
