• GBP/NZD declined on Wednesday as Credit Suisse crisis hits risk appetite.
• Credit Suisse shares hit a record low on Wednesday in a rout of European bank stocks, as investor concerns about sector stresses triggered by Silicon Valley Bank's implosion deepened.
• The pair is approaching to test 38.2%fib support. A break under would unmask 1.9300 level in the short term.
•Technical signals are bearish as RSI is turning lower , daily momentum studies 5, 9 and 11 DMAs are trending down
• Immediate resistance is located at 1.9541 (5DMA), any close above will push the pair towards 1.9618 (50%fib).
• Immediate support is seen at 1.9442 (38.2%fib ), break below could take the pair towards 1.9304 (March 8th low).
Recommendation: Good to sell around 1.9490 with stop loss of 1.9580 and target price of 1.9400


Pound-Yen Roars Back Above 214: Bulls Reload for 216–217 Charge on Dip-Buying Setup
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: USD/JPY edges higher but bulls lack punch
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: GBP/NZD slide extends ,eyes 2.2600 level
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro- Woodies pivot (Major)
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 



