AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies 
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch 
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish 
FxWirePro:EUR/NZD gains some upside momentum but still bearish 
FxWirePro: EUR/AUD regains upwards momentum but unable to hold above 50%fib level 
JPY Pairs Action Bias: EURJPY Leads as Bullish Standout Amid Mixed Momentum 
FxWirePro: USD/ CNY hits one-month low,scope for futher downside 
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level 
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: USD/JPY eases ahead of Fed decision , Intervention risks linger 
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup 
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist 
Buy the Dips on EUR/JPY: Bullish Structure Points to 188 Target Ahead of Fed 
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds 
FxWirePro: USD/CAD slips after Fed holds rates steady 
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target 
• EUR/NZD held near recent low on Wednesday as bears remained cautious ahead of Fed meeting, where policy makers' projections are likely to be scrutinized closely by investors.
• Investor attention is now squarely on the Fed amid expectations the U.S. central bank will maintain its gloomy outlook on the economy grappling with the COVID-19 pandemic while holding rates near zero.
• At GMT 17:00, the pair was trading down 0.59 percent at 1.7537.Moving averages ,daily RSIs imply bearish momentum is in place.
• Immediate resistance is located at 1.7586(38.2% fib), any close above will push the pair towards 1.7682 (5 DMA).
• Immediate support is seen at 1.7519(Daily low) and break below could take the pair towards 1.7417 (23.6% fib).
Recommendation: Good to sell around 1.7550, with stop loss of 1.7700 and target price of 1.7400
