• GBP/NZD declined on Wednesday as risk-sensitive New Zealand dollar rose after RBNZ left its policy on hold as expected.
•RBNZ statement stated the outlook remains highly uncertain. Statement also indicated they could lower the OCR if necessary.
• Bearish momentum is likely to pick up with a move below 38.2% fib, which would target support at the lower BB at 1.9221 and then 23.6% fib at 1.9151.
• Technical signals are bearish as RSI is at 40, daily momentum studies 5, 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.9358(50%fib ), any close above will push the pair towards 1.9455 (61.8% fib).
•Immediate support is seen at 1.9270 (38.2%fib ) and break below could take the pair towards 1.9221 (Lower BB).
Recommendation: Good to sell around 1.9330, with stop loss of 1.9415 and target price of 1.9260.


FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Woodies pivot (Major)
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/JPY on nervous hold around 160.00
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib 



