• EUR/NZD initially dipped on Monday but recovered most of the ground as investors awaited upcoming ECB meeting on Thursday.
• The ECB projections will attract scrutiny as euro-zone inflation was just above the bank's target in May, below but close to 2%, while other key economic data suggests that growth is accelerating.
• Bears are waiting for a daily close under 1.6813(50%fib), a break will increase the odds of a deeper fall to the1.6770 fibonacci level.
• Technical signals show the pair could lose more ground as RSI is pointing southwards, and 9, 11,21 DMA’s are trending down.
• Immediate resistance is located at 1.6872 (5DMA), any close above will push the pair towards 1.6923(61.8%fib).
• Immediate support is seen at 1.6813(50%fib) and break below could take the pair towards 1.6770(38.2% fib).
Recommendation: Good to sell round 1.6870, with stop loss of 1.6970 and target price of 1.6800


FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/USD falls to two-day low, scope for further downside
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY nears 160 as intervention risk intensifies
FxWirePro: NZD/USD hovers near one-week low, outlook bearish
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD holds narrow range, focus on near-term support 



