• EUR/NZD declined sharply on Wednesday as euro continued to weaken against kiwi dollar as focus shifted to the European Central Bank's key rate decision .|
• The ECB meets on Thursday, and money markets price in an almost certain chance of a first interest rate cut.
• The euro was 0.32% lower against the kiwi dollar at 1.7557 , The pair traded in range 1.7626 / 1.7543 on Wednesday.
• From a technical viewpoint, RSI is strongly bearish at 31, daily momentum studies, 5, 9 and 11 are trending down.
• Immediate resistance is located at 1.7623(Daily high), any close above will push the pair towards 1.7660(38.2%fib).
• Immediate support is seen at 1.7543 (23.6%fib) and break below could take the pair towards 1.7493 (Lower BB).
Recommendation: Good to sell around 1.7600 , with stop loss of 1.7700 and target price of 1.7530


FxWirePro: USD/CNY attracts selling interest, vulnerable to more downside
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro: GBP/AUD downtrend loses steam but outlook still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro: GBP/USD stays below 1.3400 level following cooler inflation report
FxWirePro:USD/JPY holds above 163 as intervention fears keep traders on edge
NZDJPY Pulls Back on Kiwi Weakness: Buy Dips at 94.40 Targeting 97
FxWirePro- Woodies pivot (Major)
GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: GBP/NZD gains some upside momentum but still bearish 



