• EUR/NZD steadied on Tuesday as market looked headed to Wednesday’s Federal Reserve policy decision.
• The Federal Reserve is due to announce its interest-rate decision at 2 p.m. EDT (1800 GMT) on Wednesday. Financial markets are widely expecting policymakers to raise the benchmark overnight interest rate by 25 basis points to a range of 3.75%-4.00%.
• Germany's economic sentiment grew slightly in September compared to August, the Centre for European Economic Research (ZEW) said in a report published on Tuesday.
•The economic sentiment index improved by 0.5 points, but came in lower than expected. The current situation indicator improved markedly, rising from a negative 61.1 to a negative 47.1.
• Immediate resistance is located at 2.0067(50%fib), any close above will push the pair towards 2.0107 (Higher BB).
• Immediate support is seen at 1.9967(Sep 15th low) and break below could take the pair towards 1.9914(61.8%fib).
Recommendation: Good to buy around 2.0010 with stop loss of 1.9950 and target price of 2.0100
