• EUR/NZD gained on Monday as euro gained some upside traction ahead of this week's ECB meeting.
•The European Central bank is likely to hike its policy rates by 25 basis points and signal a 50-basis point increase for September.
• At GMT 16:28, the pair was trading up 0.62 percent at 1.6479.
• Technical signals are bearish as RSI is at 45, daily momentum studies 10, 11 and 21 DMAs are trending down.
• Immediate resistance is located at 1.6552 ( 50%fib), any close above will push the pair towards 1.6610 (21DMA)
•Strong support is seen at 1.6305 (50%fib ) and break below could take the pair towards 1.6259 (Lower BB).
Recommendation: Good to sell around 1.6500, with stop loss of 1.6620 and target price of 1.6530


FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
AUDJPY Action Bias: Bullish Dip-Buy Setup Despite Flat Neutral Bias
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: GBP/NZD gains some ground but outlook is bearish
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
JPY Action Bias: Bullish Pairs to Watch Out For
FxWirePro: GBP/AUD under pressure as pound continues to weaken
Major Pair Action Bias: Bullish Pairs to Watch Out For
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro: USD/CNY dips as yuan firms on improving risk appetite
FxWirePro: NZD/USD gains as U.S.-Iran peace hopes boost risk sentiment
FxWirePro: AUD/USD gains on Iran-US truce hopes, risk rally
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118 



