• EUR/NZD declined on Monday as concerns about the economic damage from the coronavirus outbreak on Eurozone economy weighed on euro.
• Selling pressure will remain in the short-term, only a move above 1.8341 ( 50 % fib) strong resistance would indicate the weakness in Euro has run out.
•Technically- daily, monthly RSIs, although being oversold, imply bearish momentum is intact. The MACD is also moving with a stronger negative momentum.
• On the upside, Immediate resistance is located at 1.8056 ( 5 DMA), any close above will push the pair towards 1.8173 (9 DMA).
• On the downside, strong support is seen at 1.7801 (50 DMA) and break below could take the pair towards 1.7703 (Lower BB).
Recommendation: Good to sell around 1.8100, with stop loss of 1.8400 and target price of 1.7700


NZDJPY Retreats on Yen Strength – Bearish Setup Targets 90 After Hitting 92.75 Low
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro: GBP/USD rises as soft US data pressures dollar
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
JPY Currency Meter Signals: NZDJPY Bullish (+25) vs CHFJPY (-100) – These Pairs Could Move Next
FxWirePro: NZD/USD consolidates overnight gains, but loses momentum
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro- Major Crypto levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: USD/ZAR gains as stronger dollar outweighs upbeat South Africa's trade surplus
FxWirePro- Woodies pivot (Major) 



