• EUR/NZD declined on Thursday as intensifying global risk aversion over war, inflation and diminishing economic growth prospects weighed on the pair.
• The souring sentiment dealt a particularly harsh blow to the euro as it exposed to Ukraine war risks and China's COVID-related economic disruptions.
• EUR/AUD chart has taken a turn for the worse after Thursday large drop. Overall risk growing for a bigger drop to retest 1.6543 (50%fib) support.
• Immediate resistance is located at 1.61674( 38.2%fib), any close above will push the pair towards 1.6851 ( 23.6%fib)
• Support is seen at 1.6543 (50%fib) and break below could take the pair towards 1.6497 (11DMA).
Recommendation: Good to sell on rally around 1.6610, with stop loss of 1.6750 and target price of 1.6450.


FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major Crypto levels and bias summary
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Pair levels and bias summary
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212 



