• EUR/NZD declined on Tuesday as investors looked to more monetary policy hints from the United States.
• The pair traded down to 1.6995 and was around there into the US afternoon.
• The pairs bias is lower, scope grows for bigger losses, a break and daily close under 1.6951 50%fib would the weaken the pair outlook further.
• Technical signals are bearish as RSI is turning lower, daily momentum studies 5 and 9 DMAs are trending down.
• Immediate resistance is located at 1.7020 (38.2%fib ), any close above will push the pair towards 1.7104(23.6%fib).
• Strong support is seen at 1.6986 (Daily low) and break below could take the pair towards 1.6953 (50%fib).
Recommendation: Good to sell around 1.7000, with stop loss of 1.7110 and target price of 1.6920.


Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro : USD/JPY holds relatively bid on 163 ahead Of FOMC,BoJ meetings
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
JPY Action Bias: USDJPY Emerges as the Clear Bullish Pair to Watch Amid Mixed Crosses
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro: USD/ZAR retreats but trend is still bullish
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
FxWirePro- Major Pair levels and bias summary
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 



