FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro- Major Pair levels and bias summary 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro- Woodies pivot (Major) 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: AUD/USD dips after RBA Governor speech 
FxWirePro: USD/ZAR retreats but trend is still bullish 
• GBP/NZD declined on Tuesday as falling COVID-19 trend in New Zealand boosted kiwi dollar.
• Kiwi dollar rose against pound as lockdowns in the country were seen successfully lowering new COVID-19 infections.
• Selling pressure will remain in the short-term, only a move above 1.96333 (50%fib) strong resistance will shift the bias higher.
• Technical signals show the pair could lose more ground as RSI is at 36 bearish, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.9563(38.2%fib), any close above will push the pair towards 1.96333 (50%fib).
• Immediate support is seen at 1.9481 (23.6%fib) and break below could take the pair towards 1.9421 (14th May low).
Recommendation: Good to sell round 1.9520, with stop loss of 1.9640 and target price of 1.9450
