FxWirePro- Major Crypto levels and bias summary 
FxWirePro: EUR/NZD downside pressure builds, key support level in focus 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
FxWirePro: GBP/NZD gains some ground but bias is still bearish 
NZDJPY Pullback: Sell Rallies Toward 93.30 as Yen Weakness Eases 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path 
GBPJPY Slips After Sterling Weakness, Bears Eye 216 
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish 
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level 
FxWirePro: NZD/USD edges lower, remains on back foot 
JPY Action Bias: Bullish Pairs to Watch Out For 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
FxWirePro- Major Crypto levels and bias summary 
NZDJPY Action Bias: Bullish Dip-Buying Opportunity on Broad Yen Weakness 
Intraday trend – Bearish
Major intraday support– 1.1100
The pair has opened with a gap down of more than 90 pips on the escalation of geopolitical tension. Russian Putin has put nuclear forces on high alert. It has further increased demand for safe currency like the US dollar. Markets eye Russian-Ukraine talks for further direction. It hits an intraday low of 1.11184 and is currently trading around 1.11787.
Technical-
Any breach below 1.1100 confirms intraday bearishness. A dip to 1.080/1.0720 is possible.
The immediate resistance to be watched is 1.1230; any violation above will take the pair to 1.1265/1.1300/1.1400.
Indicators (4-hour)
Directional movement index –Bearish
CCI (50) – Bearish
It is good to sell on rallies around 1.1228-30 with SL around 1.1265 for a TP of 1.1150.
