EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance 
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FxWirePro- Woodies Pivot(Major) 
FxWirePro- Woodies Pivot(Major) 
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FxWirePro-Major European Indices 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision 
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AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100 
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 
• GBP/NZD rose sharply on Thursday as broad kiwi dollar weakness and hawkish BoE expectations helped the pair gain most of the ground.
• Kiwi dollar weakened sharply after New Zealand PM Jacinda Ardern made a surprise announcement that she would step down and not seek re-election.
• The pair hit daily high at 1.9401, it was last up 0.02% at 1.9376.
• Technical signals are bearish as RSI is at 62, daily momentum studies 5,9,21 DMA are trending north.
• Immediate resistance is located at 1.9401 (Daily high ), any close above will push the pair towards 1.9505 (23.6%fib).
• Strong support is seen at 1.9346 (38.2%fib) and break below could take the pair towards 1.9274 (No 22nd low).
Recommendation: Good to buy around 1.9360 with stop loss of 1.9260 and target price of 1.9410.
