• EUR/NZD dipped on Thursday after European Central Bank's maintained interest rates at a record high of 4%, as widely anticipated.
• The European Central Bank opted to maintain its deposit rate at 4.0%, consistent with the level set in September. The decision aligned with ongoing 18-month endeavor to control inflation.
• At GMT 17:39, the pair was trading down 0.46 percent at 1.7893 after reaching daily low at 1.7868.
•Technically, the moving averages are indicating a downward trend, while the Relative Strength Index (RSI) is strongly bearish at 48.
• Immediate resistance is located at 1.7935(38.2%fib), any close above will push the pair towards 1.7962((EMA).
• Immediate support is seen at 1.7840 (50%fib) and break below could take the pair towards 1.7791 (March 5th low).
Recommendation: Good to sell around 1.7900, with stop loss of 1.8000 and target price of 1.7830


Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: GBP/AUD bears maintain upper hand
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro:USD/JPY hovers near a four-decade low
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: USD/ZAR retreats slightly but bias is bullish
FxWirePro- Woodies pivot (Major)
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/CNY edges higher but bulls lack punch
Crypto Bias Report: Trend Signals and Top Bullish Picks 



