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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: GBP/NZD edges higher but bias is bearish 
- Euro fell across the board with fresh selling wave witnessed after the EU CPI data revealed that the 19-nations bloc fell back into deflation
- Negative euro zone inflation reading raises expectations of further asset purchases by the European Central Bank
- Below estimates German data also continues to dampen the sentiment around the common currency
- EUR/USD is currently trading at 1.1208, close to the 1.12 handle, with strong resistance at cloud base by 1.1260
- Daily momentum is lower, drop till 1.1150 is likely if the the pair breaks below 200 DMA at 1.1176
- Markets now focus on US ADP data due later in the U.S. session for further direction in the pair
Resistance Levels:
R3: 1.1323 (Daily Cloud Top)
R2: 1.1282 (Daily High Sept 29)
R1: 1.1262 (Daily Cloud Base)
Support Levels:
S1: 1.1194 (Daily Low Sept 29)
S2: 1.1176 (200 DMA)
S3: 1.1147 (100 DMA)
