• EUR/NZD strengthened on Thursday as investors assessed ECB’s rate cut prospects.
• Two key policymakers on Thursday emphasized that the ECB requires further evidence of inflation moving towards its 2% target before considering interest rate cuts .
• The ECB has held rates constant at a record high since September, but weakening growth and easing price pressures are fueling discussion of rate cuts .
• A close above 23.6%fib resistence , should trigger a new bullish phase with potential for 1.7800
• From a technical viewpoint, RSI is strongly bearish at 45, daily momentum studies, 5, 10 and 11 daily MAs are pointing lower.
• Immediate resistance is located at 1.7735 (23.6%fib), any close above will push the pair towards 1.7760(Feb 6th high).
• Immediate support is seen at 1.7763(38.2%fib) and break below could take the pair towards 1.7610(50%fib).
Recommendation: Good to buy around 1.7670 , with stop loss of 1.7600 and target price of 1.7750


FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar
NZD/JPY Breakout Blast: Kiwi Rocket Smashes 94.50 Resistance, Bulls Lock Sights on 95
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/ZAR sell bias remains below key resistance zone
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY bears maintain upper hand 



