• EUR/NZD dipped on Wednesday as investors focus tuned to Thursday’s ECB rate decision.
• The European Central Bank is set to decide on Thursday whether to raise its key interest rate to a record peak in what should be its final step in the fight against inflation.
• EUR/NZD bears have tightened their grip on this this pair,a break, daily close under 50% fib support could deepen losses
• Technical signals highlight downside risk as RSI is at 46, daily momentum studies 5, 9 and 11 DMAs are trending south.
• Immediate resistance is located at 1.8159 (5DMA), any close above will push the pair towards 1.8229 (38.2% fib).
• Strong support is seen at 1.8109 (50% fib) and break below could take the pair towards 1.8035 (61.08% fib )
Recommendation: Good to sell below 1.8130, with stop loss of 1.8250 and target price of 1.8050


FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major European Indices
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 



