• EUR/NZD trickled lower on Monday as demand for kiwi dollar increased ahead of Reserve Bank of New Zealand rate decision on Wednesday.
• Markets expect RBNZ lift their cash rate by 50 basis points, though focus will also be on the tone of policymakers .
• At GMT 18:30, the pair was trading down 0.48 percent after hitting daily high at 1.7489.
• The pair failed to breach resistance at 1.7521 ( 23.6% fib) and dipped towards 1.7150 level . A break under (61.8% fib) would unmask 1.6980 level in the short term.
• Immediate resistance is located at 1.7212(50% fib), any close above will push the pair towards 1.7357 (38.2%fib).
• Immediate support is seen at 1.7076 (61.8% fib) and break below could take the pair towards 1.7014 (11DMA).
Recommendation: Good to sell around 1.7160 , with stop loss of 1.7250 and target price of 1.7080.


FxWirePro- Major Crypto levels and bias summary
FxWirePro: AUD/USD steadies around 0.7185, US-Iran news remains key
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro: USD/CNY dips as Yuan firms despite weak China factory data
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
NZDJPY Dips to 95.10: Bulls Buy the Pullback as Key 93.50 Support Keeps Uptrend Intact
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
FxWirePro: GBP/USD remains range-bound amid growing Middle East instability concerns
FxWirePro: USD/JPY remains in familiar place on intervention threat
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700 



