• EUR/NZD erased earlier gains on Wednesday as market digested German inflation data and awaited Russia-US peace talks.
• Germany’s Consumer Price Index (CPI) remained stable at 2% year-on-year in July, in line with preliminary data, according to figures released on Wednesday.
• The CPI was 2% in June, marking its lowest level since last October, according to Federal Statistical Office (Destatis) data.
• Meanwhile, markets focused on a virtual meeting on Wednesday between European and Ukrainian leaders and President Trump, ahead of his summit with Russian President Vladimir Putin in Alaska on Friday.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 57 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.9655 (38.2%fib), any close above will push the pair towards 1.9734(Higher BB)
• Support is seen at 1.9530(20 SMA) and break below could take the pair towards 1.9391 (50%fib).
Recommendation: Good to buy around around 1.9500 with stop loss of 1.9430 and target price of 1.9600


FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: GBP/NZD remains bullish as rally continues
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
FxWirePro: EUR/NZD steadies ahead of ECB meeting
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
AUDJPY: Bearish Setup Intact — Sell Rallies Near 103.30 Targeting 100
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD recovers slightly but trend is still bearish
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: EUR/NZD edges lower but bullish outlook persists
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout 



