• EUR/NZD dipped on Wednesday as rising recession fear in the euro zone led investors sell euro.
•ECB President Lagarde said the era of ultra-low inflation that preceded the pandemic is unlikely to return and central banks need to brace themselves for higher price growth expectations.
• The pair picked up downside momentum after Lagarde comments and is approaching 1.6687(38.2%fib). A close below will opens up 1.6650 level.
• Immediate resistance is located at 1.6786 (5DMA), any close above will push the pair towards 1.6920 (23.6%fib).
• Strong support is seen at 1.6687(38.2%fib) and break below could take the pair towards 1.6640 (21DMA )
Recommendation: Good to sell around 1.6775, with stop loss of 1.6850 and target price of 1.6660


FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
FxWirePro: GBP/AUD recovers some ground, geopolitics holds center stage
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
FxWirePro: USD/JPY upside capped as intervention risk limit upside
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700
FxWirePro: EUR/AUD holds narrow range, focus on near-term Support
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment 



