• EUR/NZD declined on Wednesday as euro attracted sellers on dovish ECB expectations .
• Markets ignored positive German investor morale which came positive for first time since Ukraine war.
• At GMT 15:45, the pair was trading down 0.32 percent at 1.6717 after reaching daily low at 1.6670.
• Technicals are favouring bullish sentiment as RSI is down at 44 and the pair is trading below 5& 9-DMAs.
• Immediate resistance is located at 1.6776(50% fib), any close above will push the pair towards 1.6850(14DMA).
• Strong support is seen at 1.6670 (38.2% fib) and break below could take the pair towards 1.6624 (Ichimoku Cloud Base ).
Recommendation: Good to sell around 1.6720, with stop loss of 1.6820 and target price of 1.6640


NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: GBP/AUD bears maintain upper hand
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Crypto Bias Report: Trend Signals and Top Bullish Picks
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: GBP/AUD under pressure as pound continues to weaken 



