• EUR/NZD edged lower on Wednesday as investors assessed cooler-than-expected US inflation data.
• US inflation rose less than expected in August, while price pressures in the previous month were revised lower, potentially reducing the urgency for the Federal Reserve to raise interest rates again in October..
• The Personal Consumption Expenditures Price Index rose 0.3% last month after a downwardly revised 0.1% gain in July, the Commerce Department's Bureau of Economic Analysis said..
• In the 12 months through August, PCE inflation advanced 3.4% after increasing by a downwardly revised 3.4% in July.
•Major central banks, including the Fed and ECB, have turned more hawkish this month as the Iran war pushed up energy prices, government finances deteriorated and heavy debt issuance added to market pressures.
• Immediate resistance is located at 2.0234(23.6%fib), any close above will push the pair towards 2.0275(Higher BB).
• Immediate support is seen at 2.0040(38.2%fib) and break below could take the pair towards 2.0012 (SMA 20).
Recommendation: Good to buy around 2.0080 with stop loss of 2.0000 and target price of 2.0180


FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY dips as Japanese Yen edges higher on verbal warnings
FxWirePro: EUR/NZD stuck in range but maintains bullish bias
FxWirePro: USD/ CNY gains slightly, but downward resumption looks likely
NZDJPY's Fifth Day of Pain: Yen Pounds Kiwi Below All Key EMAs — Sell Rallies at 89.18-20 Toward 86.34
FxWirePro: AUD/USD slips on less than anticipated Australian CPI data
FxWirePro: GBP/NZD extends gains, eyes 2.3600 level
FxWirePro- Major Pair levels and bias summary
GBPJPY's Fade After the Peak": Pullback From 206.88 Low — Sell Rallies at 208.78-80, Target 207
FxWirePro: BTC/USD Forecast Signals Macro Bull Expansion Toward $200K+ Following 800 EMA Reclaim
FxWirePro- Woodies Pivot
FxWirePro: USD/CAD sustains gains as uptrend remains strong
FxWirePro- Woodies Pivot(Majors)
FxWirePro: GBP/AUD bears maintain upper hand
AUDJPY Loses Its Shine: Aussie Slides Below All Key EMAs as ADX Momentum Surges — Sell Rallies at 110.23-25 Toward 108 



