• EUR/ NZD initially gained on Monday but reversed course as investors assessed comments from Federal Reserve officials to try and determine the central bank's path of rate hikes.
• Vice Chair Lael Brainard said on Monday the central bank would likely slow its interest rate hikes soon, but emphasized the Fed still had more work to do.
•The pair is approaching 38.2%fib support,a daily close below will accelerate towards 1.6800 in the short term.
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is bearish at 46.
• Immediate resistance is located at 1.6943( 14DMA), any close above will push the pair towards 1.7049( 50%fib).
• Strong support is seen at 1.6860 (38.2%fib) and break below could take the pair towards 1.6816(Nov 8th low).
Recommendation: Good to sell around 1.6950 with stop loss of 1.7070 and target price of 1.6850


BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro- Major Crypto levels and bias summary
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish 



