FxWirePro: EUR/AUD heads deeper into bear territory, 1.6268 a key barrier 
FxWirePro- Ethereum Daily Outlook 
FxWirePro:GBP/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/AUD range bound in the short term, primary trend still bullish 
FxWirePro- Crude Oil Daily Outlook 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro:EUR/NZD tight ranges prevail as market waits for fresh catalyst 
FxWirePro :EUR/NZD uptrend gains momentum, as positive sentiment builds 
FxWirePro- BTCUSD Daily Outlook 
FxWirePro- Ethereum Daily Outlook 
FxWirePro- Silver Daily Outlook 
FxWirePro- Major Pair Levels and Bias Summary 
FxWirePro:EUR/AUD getting back on track for run toward 1.6500 level 
FxWirePro:GBP/NZD uptrend loses momentum but bullish setup remains 
FxWirePro- BTCUSD Daily Outlook 
FxWirePro- BTCUSD Daily Outlook 
NZD/USD chart - Trading View
NZD/USD was trading 0.09% lower on the day at 0.5991 at around 08:25 GMT.
Kiwi dampened after mixed China data dump and reset in global risk sentiment.
The global risk sentiment was weighed down by fears about the second wave of coronavirus infections and escalating U.S.-China trade tensions.
Data released earlier today showed China’s Retail Sales slipped below -7.0% forecast to -7.5% whereas Industrial Production grew more than 1.5% expected to 3.9% in April.
Major trend in the pair is strongly bearish and minor trend has turned bearish. Momentum studies support weakness.
Price action has broken below Rising Wedge pattern and 'Bearish Divergence' on stochastics adds to the downside bias.
The pair is holding support at daily cloud and break below will see further downside. Dip till 50% Fib at 0.5822 likely.
Focus on U.S Retail Sales, Industrial Production and UMitch Consumer Sentiment data due later today for further impetus.
