• EUR/NZD recovered some ground from initial decline on Thursday as investors focused on rate hike bets by ECB.
• Markets currently price 107 basis points of rate hikes for the rest of the year, or a little more than a quarter percent increase at each policy meeting from July onwards.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 61 bullish, daily momentum studies 5, ,9,11 DMAs are turning up.
• Immediate resistance is located at 1.6631(38.2% fib), any close above will push the pair towards 1.6701 ( 16th May high).
• Immediate support is seen at 1.6548 (5DMA) and break below could take the pair towards 1.6472(50% fib).
Recommendation: Good to sell around 1.6580, with stop loss of 1.6472 and target price of 1.6400.


FxWirePro- Major Crypto levels and bias summary
AUDJPY Powers Above 114.50 on Aussie Strength—Bulls Target 116.25 on Dips to 113.85
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: USD/JPY upside capped as intervention risk limit upside
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Woodies pivot (Major)
Pound Power Drives GBPJPY Past 214.50 — Buy-the-Dip Setup Targets 217
FxWirePro: USD/ZAR recovers some ground but outlook is bearish
FxWirePro- Woodies pivot (Major)
EURJPY Extends 5-Day Winning Streak Toward 186 — Bulls Reload on Dips for 188 Target
FxWirePro: NZD/USD eases as Middle East tensions weigh on sentiment
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
FxWirePro- Major Pair levels and bias summary
ETH Cracks Below $2K: $241M ETF Selloff Sparks 14-Day Exodus as Bears Target $1,700 



