• EUR/NZD initially gained on Tuesday but gave up some ground as dovish comments from the ECB weighed on euro.
• ECB conservative Isabel Schnabel highlighted that the prospect of additional interest rate hikes is rather unlikely in light of a surprisingly significant drop in inflation.
• The euro erased eariler gains against the kiwi dollar , the pair was last up at 0.04% at 1.7585 .
• A close below 23.6%fib, would add to pair’s bearish structure, opening the way for 1.7500 level
• From a technical viewpoint, RSI is strongly bearish at 33, daily momentum studies, 5, 10 and 11 daily MAs are pointing lower.
• Immediate resistance is located at 1.7645 (38.2%fib), any close above will push the pair towards 1.7740(50%fib).
• Immediate support is seen at 1.7520 (23.6%fib) and break below could take the pair towards 1.7487(July 6th low).
Recommendation: Good to sell around 1.7570, with stop loss of 1.7700 and target price of 1.7500


FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: USD/CNY bears maintain upper hand
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
USD/CHF Smashes Higher to 0.7899 on Dollar Dominance—Bulls Bet on 0.7865 Dips for 0.8000 Breakout
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro- Major Pair levels and bias summary
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
FxWirePro: USD/JPY edges higher but bulls lack punch
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: EUR/AUD downward momentum remains in place
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout 



