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FxWirePro- Major Pair levels and bias summary 
FxWirePro- Major Pair levels and bias summary 
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FxWirePro: EUR/ NZD consolidating around 2.0180 room for further gains 
FxWirePro: USD/CNY gains some ground but bearish outlook persists 
• EUR/NZD declined on Tuesday as kiwi dollar gained some traction against euro ahead of RBNZ rate decision.
•The Reserve Bank of New Zealand is scheduled to meet on Wednesday, and it is expected to maintain the cash rate at 5.5%.
• At GMT 19:30, the pair was trading down 0.42 percent at 1.7923 after reaching daily high at 1.8000.
• Technical signals show the pair could lose more ground as RSI is trending sounth at 49, and 5, 11,21 EMA’s are trending south.
• Immediate resistance is located at 1.7975(5EMA), any close above will push the pair towards 1.8007 (61.8%fib).
• Immediate support is seen at 1.7893 (50%fib) and break below could take the pair towards 1.7813 (38.2%fib).
Recommendation: Good to sell round 1.7940, with stop loss of 1.8050 and target price of 1.7880
