• 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


FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
FxWirePro- Woodies Pivot(Major)
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: EUR/CAD extends fall, vulnerable to more downside
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
FxWirePro: USD/CAD dips below lower range, bearish bias increases
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead
FxWirePro- Major Crypto levels and bias summary 



