FxWirePro: NZD/USD edges lower, remains on back foot 
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FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
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FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
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FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: USD/ZAR retreats but trend is still bullish 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro- Major Pair levels and bias summary 
• EUR/AUD recovered some ground on Monday as markets were in a holding pattern ahead of Eurozone PMI data and U.S. non-farm payrolls data on Friday.
• EUR/AUD pared early losses with 21-day MA support holding but bulls are reluctant to test resistance at 1.6213 (11 DMA).
•Support at 21-day MA at 1.6107 holding but break would warn of correction.
• Immediate resistance is located at 1.6215 ( 11DMA), any close above will push the pair towards 1.6277 (38.2%fib)
• Strong support is seen at 1.6150 (50% fib ) and break below could take the pair towards 1.6107 (21DMA).
Recommendation: Good to sell around 1.6180, with stop loss of 1.6250 and target price of 1.6100.
