• EUR/NZD initially dipped but recovered some ground as investors digested Wednesday’s Fed Reserve rate cut and a series of central bank policy meetings Thursday.
• Positive U.S. data boosted investor sentiment, featuring an unexpected decline in weekly jobless claims and a strong Philadelphia Fed index.
• The technical outlook remains bearish and points to eventual bigger losses, Fourteen-day momentum is negative, reinforcing the scope for a bigger slump
• Immediate resistance is located at 1.7944(50%fib), any close above will push the pair towards 1.8000(Psychological level)
• Support is seen at 1.7813 (38.2%fib) and break below could take the pair towards 1.7646(23.6 %fib)
Recommendation: Good to sell around 1.7900, with stop loss of 1.8000 and target price of 1.7920


FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
FxWirePro: GBP/AUD edges higher but maintains bearish bias
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro: NZD/USD edges lower, remains on back foot
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/ZAR edges higher as rand weakens ahead of South Africa inflation data
AUDJPY Soars Past 112 on BOJ Rate Hike, Technicals Signal Bullish Momentum
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro: GBP/AUD falls after BoE rate hold
FxWirePro: USD/JPY rises as yen weakens following BOJ's 25bp rate hike
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
FxWirePro- Major Crypto levels and bias summary 



