• EUR/NZD has surged sharply as kiwi dollar attracted sellers ahead of the Reserve Bank of New Zealand’s policy meeting later this week.
• The RBNZ is set to meet on Wednesday, poll shows that 60% of economists anticipate a half-point reduction in the cash rate from its current level of 5.25%.
• At GMT 19:03, the pair was trading up 0.68 percent at 1.7938 ,highest since 18th September.
.
• Technical signals show the pair could gain more ground in the short-term as RSI is up by 56, daily momentum studies 5, 9,11 are trending north.
• Immediate resistance is located at 1.8019 (38.2%fib), any close above will push the pair towards 1.8114(Aug 23rd high).
• Immediate support is seen at 1.7888 (50%fib) and break below could take the pair towards 1.7768(61.8%fib).
Recommendation: Good buy around 1.7910, with stop loss of 1.7820, and target price of 1.7970


FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/NZD gains some ground but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
Bearish Bias Persists: AUDJPY Technical Strategy Favors Selling on Rallies
FxWirePro: GBP/USD downside pressure builds, key support level in focus
Double Bottom Recovery: NZDJPY Bulls Eye 94.18 as Geopolitical Tensions Ease
Bitcoin Buffeted by Fed Hawkishness: BTCUSD Slips to USD 69,500 Amid Risk-Off Shift
FxWirePro: EUR/AUD gains some upside momentum but still bearish
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/ CNY set for bigger drop, but close below key fibo needed
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY rises as geopolitical risks drive dollar strength
FxWirePro: EUR/NZD recovers some ground but outlook is bearish
Triple Bottom Triumph: EURJPY Bulls Eye 186.00 as Momentum Surges 



