- Major resistance – 164.25 (161.8% retracement of 162.43 and 159.48)
- The pair has made a high of 164.09 and started to retreat from that level. It is currently trading around 163.59.
- Short term trend is weak as long as resistance 164.25 holds.
- Any break above 164.25 will take the pair to next level 165/166.06 in short term.
- On the lower side any break below 163.80 confirms minor trend reversal , a decline till 163/162.67/162.35 is possible .
- Overall bearish invalidation only above 167.25.
It is good to sell on rallies around 163.60-163.70 with SL around 164.25 for the TP of 163/162.35


FxWirePro -Major European Indices
FxWirePro: GBP/NZD down trend loses steam, remains on bearish path
Pound on Pause: GBPJPY Bulls Regroup for a Potential Sprint Toward 215.00
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD remains under pressure as key support gives way
FxWirePro: USD/JPY steadies around 158.75, bias bullish
FxWirePro: GBP/AUD takes back some lost ground
Kiwi Ascendant: NZDJPY Bulls Eye Multi-Year Peaks Amid Triple-Day Rally
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro:NZD/USD uptrend loses momentum but bullish setup remains
Aussie Consolidates After Peak: AUDJPY Bulls Eye a Strategic Entry for the 115.00 Target
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD claws back some losses but rcovery likely muted
FxWirePro: AUD/USD retreats slightly but trend is still bullish 



