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FxWirePro: EUR/NZD remains under pressure as key support gives way 
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- RES4: 0.7420
- RES 3: 0.7380 (Apr 3rd High)
- RES 2: 0.7270 (200 day HMA)
- RES 1: 0.7240 (200 day H EMA)
PRICE: 0.72215 @10:51 GMT
- SUP1: 0.7180 (Cloud bottom)
- SUP2: 0.7165 (61.8% retracement of 0.7121 and 0.7243)
- SUP 2:0.7115 (23rd Apr low)
- Sup 3: 0.7010 (Mar 11th low)
EUR/GBP has recovered after forming a double bottom around 0.7120 and is now consolidating around 0.7200-722.
Intraday trend is bullish as long as support 0.7180 holds.
The minor support is around 0.7160 and break below will target 0.7085/0.7015.
Indicator (1 hour chart)
CCI (50) - Buy
CCI (14) -Sell
Ichimoku-Neutral
It is good to buy around 0.7200 for the target of 0.7270 with stop around 0.7160.
