• EUR/NZD declined on Wednesday as investors took short position ahead of Thursdays European Central Bank policy meeting.
• No change is expected to the bank’s policy, its forecasts and messaging around its willingness to deploy bond purchases will be closely watched.
• The pair traded as high as 1.7814 before easing to trade around 1.7695 in late US session.
• Technical signals show the pair could lose more ground as RSI is at 47 bearish, and 9, 11,21 DMA’s are trending south.
• Immediate resistance is located at 1.7726 (50%fib), any close above will push the pair towards 1.7819 (Daily high).
• Immediate support is seen at 1.7654 (50DMA) and break below could take the pair towards 1.7595 (38.2% fib).
Recommendation: Good to sell round 1.7750, with stop loss of 1.7880 and target price of 1.7650


FxWirePro: GBP/AUD gains some upside momentum but still bearish
FxWirePro : GBP/NZD strongly bearish despite upside attempts
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: USD/JPY edges higher as focus shifts to BOJ decision
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
FxWirePro- Woodies pivot (Major)
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: USD/ CNY remains soft ahead of Fed decision
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: AUD/USD dips below lower range, bearish bias increases 



