• EUR/NZD eased on Thursday as markets awaited Federal Reserve Chairman Kevin Warsh's speech at Jackson Hole on Friday.
• Focus will be on Fed Chair Kevin Warsh’s remarks at the annual Jackson Hole symposium in Wyoming on Friday, with investors looking for clues on his strategy to bring inflation back to the Fed’s target and the role he expects the bond market to play.
• Chair Kevin Warsh is set to deliver his first speech in the role amid scrutiny over the central bank's policy outlook and independence.
•Expectations of a September U.S. rate hike have gone down to just 34%, there's still a 74% chance of a hike by December, according to the CME FedWatch Tool.
• Immediate resistance is located at 1.9614(SMA 20), any close above will push the pair towards 1.9662(50%fib).
• Immediate support is seen at 1.9561(38.2% fib) and break below could take the pair towards 1.9494(Lower BB).
Recommendation: Good to sell around 1.9620 with stop loss of 1.9750 and target price of 1.9520
