• EUR/NZD declined on Friday as dovish comments from the European Central Bank (ECB) weighed on Euro.
• ECB ‘s Lagarde said on Thursday the said hardest and worst bit regarding inflation was likely over and that interest rates would be cut if inflation falls to the 2% level ,pushing back on expectations.
• The ECB acknowledged in its Economic Bulletin that the eurozone was experiencing a technical recession, with a soft landing scenario virtually certain.
• Technical signals show the pair could lose more ground as RSI is at 46 bearish, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.7639 (38.2%fib), any close above will push the pair towards 1.7677(Higher BB).
• Immediate support is seen at 1.7481 (23.6% fib) and break below could take the pair towards 1.7380 (Lower BB).
Recommendation: Good to sell round 1.7540, with stop loss of 1.7700 and target price of 1.7460


FxWirePro- Woodies Pivot(Major)
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Major Pair levels and bias summary
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD moves lower on weak UK data
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption 



