- ETH/EUR has been trading in a 'Symmetric Triangle' pattern and price action has been rejected multiple times at 'Triangle Top'.
- Upside also has failed to extend upside above major resistance at 110-EMA.
- The pair is extremely rangebound on the day and we see scope for further downside on bearish Technical indicators.
- The pair finds immediate support at 100-DMA, break below eyes daily cloud base at 488 levels. Break below cloud will see further weakness.
- Next major support below daily cloud lies at 460 (Triangle Base). Violation there could see test of 61.8% Fib at 440.
- On the flipside, we see bearish invalidation only on breakout at Triangle Top (currently at 525 level).
Support levels - 504 (100-DMA), 488 (cloud base), 460 (Triangle Base), 440 (61.8% Fib)
Resistance levels - 517 (5-DMA), 520 (21-EMA), 535 (110-EMA)
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest.


FxWirePro: GBP/NZD gains some upside momentum but still bearish
JPY Action Bias: Extremely Bullish Surge Ignites Across NZD, GBP & AUD
GBPUSD, AUDUSD & NZDUSD Turn Extremely Bullish: Strong Positive Momentum Drives Major Pair Action Bias
FxWirePro:EUR/NZD dips below lower range, bearish bias increases
AUDJPY Bullish Surge: Strong Australian Dollar Fuels Fresh Upside as Pair Holds Above 113.50 and All EMAs Align
Gold Loses Steam After Strong U.S. Retail Sales
GBPJPY Bullish on Consolidation: Holds Above 216 After 218 Top – Buy Dips at 217 Targeting 220
FxWirePro- Major Crypto levels and bias summary
Crypto Major Pair Action Bias: ETHUSD Bullish as BTCUSD, SOLUSD & XRPUSD Stay Neutral
NZDJPY Bullish Surge: Strong Kiwi Ignites Fresh Upside as 94 Support Holds and All EMAs Align 



