• EUR/NZD declined on Tuesday as euro was weighed down by concerns about energy supply and economic growth in Eurozone
•The pair is approaching 38.2%fib,a daily close below will accelerate towards 1.5800 in the short term.
• From a technical viewpoint, the moving averages are pointing downwards, while the RSI is bearish at 42.
• Immediate resistance is located at 1.6119( 5DMA), any close above will push the pair towards 1.6171 ( 50%fib).
• Strong support is seen at 1.6008 (38.2%fib) and break below could take the pair towards 1.5913(Lower BB).
Recommendation: Good to sell around 1.6050, with stop loss of 1.6150and target price of 1.5950


FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: USD/CAD recovers slightly but trend is still bearish
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption 



