FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 
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FxWirePro- Woodies pivot (Major) 
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FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 
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FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25% 
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FxWirePro: GBP/NZD gains some ground but outlook is bearish 
FxWirePro- Woodies pivot (Major) 
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FxWirePro- Major Pair levels and bias summary 
• GBP/NZD retreated on Tuesday as the pair rise as focus shift to June UK consumer prices data on Wednesday.
• British inflation has remained much higher than in the United States - and to a lesser degree the euro zone and as a result markets expect more rate rises from the BoE.
• The pair has traded a 250 pip range thus far Tuesday(2.0898-2.0649),It was last trading at
2.0898
• Technical signals are bullish as RSI is at 57, daily momentum studies 5, 9 and 10 DMAs are trending north.
• Immediate resistance is located at 2.0874 (23.6% fib), any close above will push the pair towards 2.0923 (Higher BB).
• Strong support is seen at 2.0719(38.2% fib) and break below could take the pair towards 2.0629(5DMA).
Recommendation: Good to buy on dips around 2.0770 , with stop loss of 2.0700 and target price of 2.0880
