• EUR/NZD rose higher as euro was boosted on expectation ECB will raise rate nxet week.
• The May 4 ECB meeting is fully priced for a 25bp hike, with a 1-in-5 chance of 50bps.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 70 bullish, daily momentum studies 5, 10 and 21 DMAs are trending up.
• Immediate resistance is located at 1.8097 (23.6%fib% fib), any close above will push the pair towards 1.8166 (Higher BB).
• Strong support is seen at 1.7948 (5DMA) and break below could take the pair towards 1.7853(38.2% fib )
Recommendation: Good to buy around 1.8000 , with stop loss of 1.7900 and target price of 1.8100


FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD under pressure as pound continues to weaken
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: USD/CNY edges higher but bulls lack punch
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 



