• EUR/NZD initially gained on Tuesday but rally fizzled as investors awaited Federal Reserve chairman Jerome Powell’s testimony in Congress.
• The EUR/NZD has corrected lower from 1.6828 reached on Feb 12th 2021.The inability to maintain upward momentum suggests the EUR/NZD has more downside.
• Technicals leans bearish as RSI is at 31 bullish, and 5, 9,11 DMA’s are trending south.
• Immediate resistance is located at 1.6569 (5 DMA), any close above will push the pair towards 1.6787 (23.6%fib).
• Immediate support is seen at 1.6537 (Lower BB) and break below could take the pair towards 1.6500 (Psychological level).
Recommendation: Good to sell around 1.6600, with stop loss of 1.6730and target price of 1.6550


NFP Shockwave Wipes Out EURUSD Gains as King Dollar Roars Back; Bears Target 1.1525
EURJPY Dips on NFP Firepower But Stays Bullish Above 184—Load Up Near 185 for a Run to 188
FxWirePro: USD/ZAR bears maintain upper hand
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro- Major Crypto levels and bias summary
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro- Major Pair levels and bias summary
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst 



