• EUR/NZD erased earlier gains on Monday as worries about global growth weighed on euro.
• Ifo report suggested Germany was holding up better than expected amid the Ukraine war , the euro zone is seen more at risk than the U.S. and dependent on China for growth.
• Pair traded in 1.6171/1.6359 range and was last trading at 1.6194 into the US afternoon.
• Technical signals show the pair is set to gain ground in the short-term as RSI is at 57 bearish, daily and weekly 5, 10 & 21 MAs heading up .
• Immediate resistance is located at 1.6265(38.2%fib), any close above will push the pair towards 1.6406 (23.6%fib)
• Support is seen at 1.6165 (50%fib) and break below could take the pair towards 1.6059 (61.8%fib).
Recommendation: Good to buy around 1.6150, with stop loss of 1.6000 and target price of 1.6275


Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
FxWirePro: GBP/NZD recovers some ground but bearish outlook persists
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/USD eases amid uncertainty over the U.S.–Iran standoff
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro: EUR/AUD dips towards 1.6200 level, scope for further downside
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD edges higher but outlook is bearish
FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro: USD/CAD steadies around 1.3840 ,retains bid one
FxWirePro- Major Pair levels and bias summary
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 



