• EUR/ NZD dipped on Monday as the escalating conflict in the Middle East rekindled inflation fears.
• A measure of euro area long-term inflation expectations jumped as high as 2.1217% from 2.0806% on Friday. It was last at 2.1067%.
• A renewed rise in inflation could pressure the European Central Bank to adjust rates, with money markets now pricing just an 8% chance of a cut by year-end, down from 40% on Friday..
• Investors will monitor Tuesday’s euro zone inflation data after German figures showed inflation in the bloc’s largest economy unexpectedly eased to 2% in February on lower energy costs..
• In January, euro zone inflation fell to 1.7% after hovering around the 2% target for much of 2025.
• Immediate resistance is located at 1.9681 (SMA20), any close above will push the pair towards 1.9850(50%fib).
• Immediate support is seen at 1.9598(38.2%fib) and break below could take the pair towards 1.9557(Lower BB).
Recommendation: Good to sell around 1.9680 with stop loss of 1.9750 and target price of 1.9600


FxWirePro -Major European Indices
Bitcoin’s Tug-of-War: Institutional Inflows Battle Technical Resistance at USD 72,500
FxWirePro:NZD/USD drifts lower, could be on verge of bigger drop
FxWirePro: USD/CNY recovers slightly from early decline but bears are not done yet
Euro's Ascent: EURJPY Bulls Eye 186.00 as Yen Weakness Persists
NZDJPY Holds Firm: Bullish Bias Intact Despite Temporary Top at 94.18
FxWirePro: GBP/USD dips after US CPI data, key support level in focus
FxWirePro:EUR/USD slips as oil supply and conflict fears persist
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD falls below 1.6200 level, plunge to test a key fibo grows
Bitcoin Teeters Near USD 70,000 as USD 245 Million Liquidation Wave Rocks Crypto Markets
FxWirePro: GBP/USD drops towards 1.3350 level, heads deeper into bear territory
FxWirePro- Major European Indices
FxWirePro: EUR/ NZD stays range-bound but maintains bearish bias
FxWirePro: USD/JPY edges up, remains on front foot 



