• EUR/NZD declined on Monday as traders remained short on ahead of upcoming ECB meeting .
•Investors moved to price in a 25 bp interest rate cut from the ECB with near-certainty at its Thursday meeting as data pointed to deteriorating euro zone activity.
• EUR/NZD has seen range 1.7896-1.7868 the pair is likely to be dipped towards 1.7800 level.
• Immediate resistance is located at 1.7997 (38.2% fib), any close above will push the pair towards 1.8063 (Oct 10th high).
• Immediate support is seen at 1.7897 (50% fib) and break below could take the pair towards 1.7810 (61.8% fib).
Recommendation: Good to sell round 1.7900, with stop loss of 1.7980 and target price of 1.7820


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: GBP/NZD gains some upside momentum but still bearish
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
FxWirePro: USD/CNY edges higher but bulls lack punch
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity 



