• EUR/NZD declined on Thursday as the pair attracted sellers after ECB signal end to bond buys in Q3.
•The move came as a surprise as investors had not anticipated any big policy announcements given the uncertainty unleashed by the war in Ukraine.
• The pair is currently approaching support at 38.2%fib. A break and daily close blow will accelerate further drop towards 1.6700 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 59 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.6034(50%fib), any close above will push the pair towards 1.6171 (61.8%fib).
• Strong support is seen at 1.5907(38.2%fib) and break below could take the pair towards 1.5737(23.6% fib )
Recommendation: Good to sell around 1.6020 with stop loss of 1.6120 and target price of 1.5900


AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro: NZD/USD dips as Middle East tensions weigh on sentiment
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff
FxWirePro: GBP/NZD edges higher but outlook is bearish
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97 



