• EUR/NZD slipped lower on Monday as continuing stand-off between U.S. and Iran dampened risk appetite.
• U.S. President Donald Trump said Iran should surrender to end a war with the United States after a senior Iranian official said Tehran would escalate tensions in the Strait of Hormuz and the wider region if diplomacy fails, further clouding the hopes for a peace deal.
•Oil prices , edged higher, with Brent crude rising 0.5% to $89.02 on Monday.
•Traders will keep a close eye on UK job market data due on Tuesday and inflation data on Wednesday for further clues on the Bank of England's policy path.
• Immediate resistance is located at 1.9663(38.2% fib), any close above will push the pair towards 1.9779(Higher BB).
• Support is seen at 1.9511(Lower BB), and break below could take the pair towards 1.9450 (23.6% fib )
Recommendation: Good to sell around 1.9620 with stop loss of 1.9700 and target price of 1.9540
