FxWirePro- Major European Indices 
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FxWirePro: USD/CNY drifts lower, vulnerable to more downside 
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FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains 
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FxWirePro- Woodies Pivot(Major) 
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/NZD edges up, remains on front foot 
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- Kiwi fails to benefit from a recovery in risk sentiment amid higher Asian equities and a minor rebound in oil prices.
- Disappointing NZ consumer confidence data also weighing on the pair.
- Momentum has turned bearish, RSI falls below 50 and is biased lower.
- MACD shows bearish crossover on signal line and Stochs are biased lower.
- Focus remains on US housing starts and building permits scheduled for release later in the day.
- Support levels - 0.70, 0.6971 (Nov 24 low), 0.6951 (July 21 low), 0.69
- Resistance levels - 0.7066 (200-DMA), 0.7099 (20-DMA), 0.71, 0.7114 (5-DMA)
Recommendation: Good to sell rallies around 0.7040, SL: 0.71, TP: 0.70/ 0.6975/ 0.6950
FxWirePro's Hourly NZD Spot Index was at -73.1851 (Bearish), while Hourly USD Spot Index was at 54.6783 (Neutral) at 0445 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
