Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro- Major Pair levels and bias summary 
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: GBP/USD edges lower ahead of Fed policy verdict 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision 
EUR/JPY Holds Bullish Bias as Euro Extends Recovery 
FxWirePro: USD/CAD slips after Fed holds rates steady 
FxWirePro- Woodies pivot (Major) 
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI 
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path 
FxWirePro- Major Pair levels and bias summary 
• EUR/NZD declined on Monday as disappointing reports about the efficacy of COVID-19 vaccines against new strains of the virus weighed on the pair.
• Sketchy progress in fighting the coronavirus pandemic is seen as a threat by investors, that could further selling pressure on EUR/NZD.
• EUR/NZD trades towards the lower end of its 2021 range , fresh drop could be in the pipeline.
• Technical signals show the pair could lose more ground as RSI is at 36 bearish, and 5, 9,11, DMA’s are trending south.
• Immediate resistance is located at 1.6670 (5EMA), any close above will push the pair towards 1.6788 (23.6%fib).
• Immediate support is seen at 1.6636 (Feb 4th low) and break below could take the pair towards 1.6600 (Psychological level)."
Recommendation: Good to sell round 1.6690, with stop loss of 1.6750 and target price of 1.6580
