AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
EUR/USD Bounces from Monthly Low, But Bearish Pressure Remains 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
FxWirePro: NZD/USD edges lower, remains on back foot 
FxWirePro- Woodies pivot (Major) 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
• EUR/NZD declined on Wednesday as worries about slowing growth in China, a major export destination for the euro zone, and weak ZEW stats weighed on euro.
• Following the COVID19 outbreak, China’s export growth unexpectedly slowed in July, while imports also lost momentum, indicating a slowdown in China’s industrial sector.
• EUR/NZD could be on the verge of a deeper fall after sliding below the 5-day moving average and 38.2% fib on Wednesday.
• Technical lean bearish, RSI is trending lower at 36, momentum studies, 9, 11 DMAs falling southwards.
• Immediate resistance is located at 1.6691(38.2% fib), any close above will push the pair towards 1.6712 (5DMA)
• Support is seen at 1.6624 (23.6% fib) and break below could take the pair towards 1.6566 (Lower BB).
Recommendation: Good to sell around 1.6670, with stop loss of 1.6800 and target price of 1.6550.
