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• EUR/NZD dipped on Thursday as investors awaited anticipated U.S. monthly non-farm payrolls report on Friday.
• Investors will gauge if the Federal Reserve will raise interest rates to 5.5-5.75% in November.
• Bears are on course to force a daily close below 23.6%fib support,that would open the pathway to much bigger losses .
•Immediate resistance is located at 1.7777(38.2%fib), any close above will push the pair towards 1.7822(Oct 4th high).
•Immediate support is seen at 1.7630(23.6%fib) and break below could take the pair towards 1.7549(Sep 29th low).
Recommendation: Good to sell around 1.7630 with stop loss of 1.7760 and target price of 1.7585
