FxWirePro- Woodies Pivot(Major) 
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FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike 
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FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path 
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD moves lower on weak UK data 
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains 
FxWirePro: USD/ZAR edges higher but bearish outlook persists 
FxWirePro:EUR/AUD eases but bullish outlook persists 
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 
Chart - Courtesy Trading View
- NZD/USD was trading 0.53% higher on the day at 0.6883 at around 10:20 GMT.
- The pair is extending upside for the third consecutive session and is currently testing daily cloud resistance.
- Commodity currencies buoyed on broad based US dollar weakness after release of US inflation data overnight.
- Data released overnight showed U.S. consumer prices rose at their fastest rate in nearly 40 years.
- CPI printed at 7% month-on-month, slightly higher than forecast, while the increase in year-on-year CPI was the biggest since June 1982.
- The Fed in two weeks the Fed holds its first meeting of the year and rate outlook is seen unchanged by the CPI data.
- Technical bias for the pair has turned bullish. The pair is set to resume upside after extending sideways at 200-week MA support.
- The pair has broken above 55-EMA, momentum is bullish and volatility is rising. Scope for test of 110-EMA at 0.6925.
