• The NZD/USD gained some upward traction on Monday as strong China services activity data provided some support to kiwi dollar.
• Data showed, China's services sector saw the fastest growth in seven months in december, fueled by a surge in domestic demand..
• The Caixin/S&P Global services purchasing managers' index (PMI) rose to 52.2 in December from 51.5 the previous month.
• At GMT06:07, the New Zealand dollar often used as a proxy for China's currency was up 0.29% to $0.5624.
• Immediate resistance is located at 0.5646(38.2%fib), any close above will push the pair towards 0.5850(50%fib).
• Support is seen at 0.5588 (23.6%fib) and break below could take the pair towards 0.5521(Lower BB).
Recommendation: Good to sell around 0.5640, with stop loss of 0.5700 and target price of 0.5550


Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
FxWirePro- Major Pair levels and bias summary
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro- Major Crypto levels and bias summary
NZDJPY Dips Create Fresh Buy Opportunity as Key Support Holds
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside 



