• EUR/NZD eased on Thursday as euro was weighed down by dovish remarks from ECB officials.
• European Central Bank policymaker Francois Villeroy de Galhau and Greek central bank chief Yannis Stournaras argued in favor of another interest rate cut next week..
• EUR/AUD chart has taken a turn for the worse after Today’s drop.Overall risk growing for a bigger drop towards 1.7900.
• Immediate resistance is located at 1.8046(50%fib), any close above will push the pair towards 1.8108 (Higher BB).
• Immediate support is seen at 1.7916 (38.2% fib) and break below could take the pair towards 1.7747(23.6% fib).
Recommendation: Good to sell around 1.7960, with stop loss of 1.8000 and target price of 1.7900
