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FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: GBP/AUD downside pressure builds, key support level in focus 
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FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses 
FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: USD/CAD runs out of steam but maintains bullish outlook 
FxWirePro: USD/ZAR retreats but trend is still bullish 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters 
NZD/USD chart - Trading View
NZD/USD was trading largely rangebound at 0.6911 at around 06:40 GMT, outlook bearish.
The pair is consolidating previous session's slump and recovery attempts remain capped below 5-DMA.
FOMC verdict due later today will determine USD price dynamics and hence price action in the pair.
The Federal Reserve is likely to maintain its cautious tone amid rising covid cases. Focus will be on how Fed Chair Jerome Powell will defend the easy-money policies.
A 'Death Cross' (bearish 50-DMA crossover on 200-DMA) confirmed on the daily charts keeps scope for downside.
Momentum is bearish, RSI is below the 50 mark and biased lower. GMMA indicator shows major trend is strongly bearish, while minor trend is shifting bearish.
Strong supports for the pair align at 0.6953 (55-week EMA) and 0.6915 (Trendline). Break below trendline support will plummet prices further.
