• EUR/NZD declined on Wednesday as stronger than expected China official and Caixin PMI underpinned kiwi dollar.
• China's official manufacturing purchasing managers' index (PMI) rose to 52.6 last month from 50.1 in January.
• The pair currently is approaching support at 1.6341(38.2% fib. A break under 1.7470 would unmask 1.7200 level in the short term.
• Technical signals are bearish as RSI is turning lower, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.7086 ( 5DMA), any close above will push the pair towards 1.7134 (38.2% fib)
• Support is seen at 1.6995(50% fib ) and break below could take the pair towards 1.6934 (Feb 15th low).
Recommendation: Good to sell around 1.7070 , with stop loss of 1.7150 and target price of 1.6980


ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: USD/JPY catches bid ahead of BoJ meeting
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
EUR/JPY Holds Bullish Bias Post-ECB Pause: Buy Dips Toward 185 as 182 Support Stands Firm
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro-Major European Indices
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro- Woodies Pivot(Major)
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro- Major Crypto levels and bias summary
NZDJPY: Sell the Rallies as Bears Guard 90–91 Resistance Zone
FxWirePro: EUR/NZD steadies ahead of ECB meeting 



