NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88 
FxWirePro- Major European Indices 
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects 
FxWirePro: NZD/USD downside pressure builds, key support level in focus 
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 
FxWirePro- Major Pair levels and bias summary 
UK Economy Accelerates, But GBP/JPY Stays Capped – Sell Toward 206 
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level 
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900 
FxWirePro: GBP/NZD remains bullish as rally continues 
FxWirePro: GBP/USD gains as UK manufacturing PMI beats expectations 
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias 
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data 
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook 
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path 
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower 
• EUR/NZD initially gained on ECB’s first rate hike but reversed course amid persisting concerns about slowing growth and rising inflation.
• The European Central Bank raised its interest rates for the first time in over a decade today, hiking it by a bigger-than-expected 50 basis points.
• EUR/NZD dived below the 38.2% fib and trades down to a 1.6325 low.
• Technical lean bearish, RSI is trending lower, momentum studies, 9, 11 DMAs falling southwards.
• Immediate resistance is located at 1.6389( 5 DMA), any close above will push the pair towards 1.6498(38.2% fib)
• Support is seen at 1.6294(23.6% fib) and break below could take the pair towards 1.6207 (Lower BB).
Recommendation: Good to sell around 1.6350, with stop loss of 1.6450 and target price of 1.6240
