FxWirePro: GBP/NZD uptrend gains momentum but hurdles ahead 
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FxWirePro:EUR/NZD extends losses, as kiwi dollar firms 
FxWirePro:EUR/NZD outlook weaker on renewed downside pressure 
FxWirePro:EUR/AUD dips below lower range, bearish bias increases 
FxWirePro: EUR/AUD struggle to extend its recovery,good to sell on rally 
FxWirePro- FTMUSD (Chart of the day) 
FxWirePro- Major Pair levels and bias summary 
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- NZD/USD breaks major support at 0.7250, intraday bias lower.
- After a bearish gap open on Monday, the pair is extending downside.
- Decline in oil prices after bearish US rigs count report last week dented sentiment around the resourced-linked Kiwi.
- FOMC officials continue to remain hawkish over the prospects of a near-term rate hike, keeping a broad-based recovery in USD intact.
- Techincal indicators on daily charts support downside, RSI and Stochs are biased lower.
- Pair finds immediate resistance at 0.7258 (5-DMA) and support at 0.72 (trendline and psychological level).
- Below 0.72, next major support lies at 0.7183 (20-DMA), violation there could see downside upto 0.7110 (trendline).
Recommendation: Good to short NZD/USD rallies around 0.7215/20, SL: 0.7260, TP: 0.7183/ 0.7110.
