• EUR/NZD declined on Friday as falling Eurozone bond yields and caution around Russia -Ukraine tensions weighed on euro .
• Germany's 10-year yield, the benchmark for the bloc, was down nearly a basis point to 0.24% after falling 8 bps through Wednesday and Thursday in the biggest two-day fall since late November.
• Selling pressure will remain in the short-term, only a move above 1.7000 psychological level will shift the bias higher.
• Technical signals show the pair could lose more ground as RSI is at 44 bearish, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.6971 (5DMA), any close above will push the pair towards 1.7015(5DMA).
• Immediate support is seen at 1.6879 (38.2%fib) and break below could take the pair towards 1.6753 (23.6% fib).
Recommendation: Good to sell round 1.6900, with stop loss of 1.6980 and target price of 1.6810


FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Woodies Pivot(Major)
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact 



