• EUR/NZD initially dipped on Monday but recovered some ground as sellers trimmed some short positions ahead of U.S. CPI data.
•All eyes are on U.S. CPI data due at 8:30 a.m. ET on Tuesday, expected to have climbed 0.4% in January.
• A close below support at 38.2%fib will give further momentum to bears, opening the way for a run towards 1.6760 level.
•Technicals are favouring bearish sentiment as RSI is falling and the pair is trading below 5,9 & 21-DMAs.
• Immediate resistance is located at 1.6889 (14DMA), any close above will push the pair towards 1.6915 (50%fib).
• Immediate support is seen at 1.6829 (38.2%fib) and break below could take the pair towards 1.6760 (Feb 2rd low).
Recommendation: Good to sell round 1.6870, with stop loss of 1.6950 and target price of 1.6800


ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro- Major Crypto levels and bias summary
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data 



