• EUR/NZD declined on Thursday as the pair attracted sellers after ECB reaffirmed its accommodative monetary policy stance.
• The European Central Bank raised its growth and inflation expectations on Thursday, but promised to provide stable stimulus over the summer.
• The pair extended its drop to hit 1.6900 daily low, it was last down 0.16% at 17:51 GMT .
• The pair is approaching to testing 1.6884(50%fib ). A break under 1.6884 will unmask 1.6834 (61.8%fib )level in the short term.
• Immediate resistance is located at 1.6924 (38.2%fib), any close above will push the pair towards 1.6985 (23.6%fib).
• Immediate support is seen at 1.6898 (Daily low) and break below could take the pair towards 1.6882(50%fib).
Recommendation: Good to sell round 1.6900, with stop loss of 1.6970 and target price of 1.6830


FxWirePro- Major European Indices
FxWirePro- Major US Indices
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro- Major Crypto levels and bias summary
0.7870 Break Looms – Next Stop 0.7800 for USDCHF?
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level 



