•EUR/NZD dipped on Monday as investors tracked U.S.-China trade negotiations for a potential breakthrough in trade negotiations.
• The talks aim to revive last month’s preliminary deal, which briefly calmed markets after weeks of tariff-driven uncertainty under Trump.
• President Trump said his administration was "doing well" and receiving positive updates as U.S. officials held trade talks with China in London.
• Investors also await Wednesday’s U.S. inflation data, which could influence expectations for upcoming Fed rate cuts.
•Immediate resistance lies at 1.9017(38.2%fib ), a close above could push the pair toward 1.9065(June 25th high).
•Support is at 1.8834 (23.6% fib), and a break below this may lead the pair down to 1.8807 (Lower BB).
Recommendation: buy around 1.8920, with a stop loss at 1.8850 and a target price of 1.9050.
