• EUR/NZD declined on Thursday as traders remained short as investors were concerned about the Eurozone’s energy crisis.
• Selling pressure will remain in the short-term, only a move above 1.6370 ( 38.2 % fib) strong resistance will shift the bias higher.
• Technical signals show the pair could lose more ground as RSI is at 33 bearish, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.6242 (5DMA), any close above will push the pair towards 1.6370(38.2% fib).
• Immediate support is seen at 1.6168 (23.6% fib) and break below could take the pair towards 1.6120 (Lower BB).
Recommendation: Good to sell round 1.6200, with stop loss of 1.6360 and target price of 1.6130


Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
FxWirePro- Major European Indices
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/AUD consolidates around 2.0145, maintains bullish bias
FxWirePro: AUD/USD uptrend loses steam, remains on bullish path
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
USD Loses Shine: Soft Labor Market and Stalling Consumer Spending Drag USDCHF Lower
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD firms as RBNZ pushes back on rate hike prospects
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: EUR/NZD advances as kiwi weakness after RBNZ's Breman comments
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance 



