• EUR/NZD initially dipped on Monday but recovered some ground investors cheered initial signs that the historic U.S. government shutdown could soon come to an end.
• Market nerves eased after the U.S. Senate moved forward with a bill to reopen the government through the end of January.
• Meanwhile, Euro zone investor morale worsens further than expected. The Sentix index gauging investor morale in the euro zone fell to -7.4 in November from -5.4 in October
• The survey of 1,069 investors from November 6-8 showed the assessment of the current situation deteriorated to -17.5 in November from -16.0 in October, Sentix said on Monday.
• Immediate resistance is located at 2.0568 (Higher BB), any close above will push the pair towards 2.0614(Higher BB).
• Immediate support is seen at 2.0303 (38.2% fib) and break below could take the pair towards 2.0261(38.2%fib).
Recommendation


FxWirePro- Major US Indices
Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45
FxWirePro- Major Pair levels and bias summary
GBPJPY Bulls on Guard: Buy the Dip at 206 as Support Holds Firm – Target 208 in Sight
NZDJPY Eyes Higher Ground: Buy the Dips as Bulls Defend 88.70 Support
FxWirePro: GBP/NZD edges higher but bearish outlook persists
FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70
Dollar Crumbles on Dovish Fed Bets – USD/CHF Eyes 0.7865 Next
FxWirePro: AUD/USD consolidates gains ,remains on positive footing
AUDJPY Rangebound: Bulls Hold 102, Watch for Breakout Above 102.85
FxWirePro: USD/ CNY gains some upside momentum but still bearish
FxWirePro: AUD/USD firms as Australian household spending records sharp jump
FxWirePro: NZD/USD sustains gains as uptrend remains strong
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 



