NZDJPY Strategy: Sell the Rallies as Resistance Holds Firm 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro: USD/ZAR consolidating around 16.670, room for further gains 
FxWirePro: GBP/AUD downtrend extends, eyes 1.8700 level 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/CAD positions for another climb, eyes 1.3800 level 
FxWirePro: GBP/USD downside pressure builds, key support level in focus 
FxWirePro: USD/JPY uptrend loses steam, remains on bullish path 
FxWirePro: EUR/ NZD hovers near 1.9700 level , vulnerable to further losses 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/ CNY dips below lower range, bearish bias increases 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
Silver Under Pressure: Bearish Momentum Accelerates Toward USD 70.00 
FxWirePro: GBP/USD edges up ahead BoE policy meeting 
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/ZAR steadies above 16.800, retains bid tone 
• EUR/AUD edged higher on Monday after the Federal Reserve kept interest rates unchanged.
• The U.S. central bank held interest rates steady on Wednesday and projected higher inflation, steady unemployment and a single reduction in borrowing costs this year
• The Labor Department said its Producer Price Index for final demand surged 0.7% last month, the most since last July, and well above the 0.3% rise forecast by economists .
• Other data from the Commerce Department showed factory orders rose 0.1%, which matched expectations, after an upwardly revised 0.4% drop in December..
• Strong resistance is located at 1.6357(March 13th high), any close above will push the pair towards 1.6452 (SMA 20)
• Immediate support is seen at 1.6146 (23.6% fib) and break below could take the pair towards 1.6050 (Lower BB).
Recommendation: Good to sell around 1.6300, with stop loss of 1.6380 and target price of 1.6250
