• 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


JPY Major Currency Score: USD/JPY Bullish, Other Pairs Neutral
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD positions for another climb, eyes 2.3700 level
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
FxWirePro: NZD/USD rebounds modestly but outlook is still bearish
Currency Score Update: EURUSD & GBPUSD Bearish, USDCAD Strongest
FxWirePro: USD/ZAR uptrend loses steam, remains on bullish path
NZD/JPY Double Bottom Signals a Potential Push Toward 90 as 88 Support Holds
EUR/USD Bearish Rebound: Selling the Rallies Near Trendline Resistance
FxWirePro: EUR/AUD gains some ground but outlook is bearish
FxWirePro- Woodies Pivot
FxWirePro: AUD/USD grinds higher, but topside extension unlikely
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD climbs to 18-month peak after sharp Canadian employment decline
FxWirePro: EUR/NZD uptrend looks tired, but continues to hold
FxWirePro- Major Crypto levels and bias summary
JPY Currency Score: USD/JPY Bullish as EUR/JPY Turns Bearish 



