Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
FxWirePro: USD/ CNY hits one-month low,scope for futher downside 
FxWirePro: USD/CAD slips after Fed holds rates steady 
FxWirePro : GBP/NZD strongly bearish despite upside attempts 
FxWirePro: USD/ CNY remains soft ahead of Fed decision 
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
FxWirePro: AUD/USD dips below lower range, bearish bias increases 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: GBP/AUD gains some upside momentum but still bearish 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
• EUR/NZD declined on Wednesday as worries that a new variant of the virus could lead extended lockdowns in Eurozone weighed on euro.
• The EUR/NZD has corrected lower from high at 1.2349 reached on Jan 20th.
The inability to maintain upward momentum suggests the EUR/NZD has more downside.
• Technicals leans bearish as RSI is at 43 bullish, and 5, 9,11 DMA’s are trending south.
• Immediate resistance is located at 1.6931 (5 DMA), any close above will push the pair towards 1.6984 (38.2 fib).
• Immediate support is seen at 1.6866 (23.6% fib) and break below could take the pair towards 1.6771 (Lower BB).
Recommendation: Good to sell around 1.6900, with stop loss of 1.7600 and target price of 1.6800
