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FxWirePro- Major Pair levels and bias summary 
, weakness only on break below - EconoTimes)
- NZD/CAD has broken below 100-DMA support at 0.9469, intraday bias lower.
- The pair was rejected at major trendline resistance at 0.9590 and is extending declines for 3rd consecutive session.
- Downside finds major support at 0.9397 which is 200-day MA. We see weakness only on break below.
- Bearish invalidation only on a decisive close above 100-DMA at 0.9469.
- Support levels - 0.9397 (200-DMA), 0.9346 (Feb 14 low), 0.93
- Resistance levels - 0.9469 (100-DMA), 0.9486 (5-DMA), 0.95
- Recommendation: We prefer to wait for further confirmation.
FxWirePro Currency Strength Index: FxWirePro's Hourly NZD Spot Index was at -55.8001(Bearish), while Hourly CAD Spot Index was at -34.9454 (Neutral) at 0730 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
