• EUR/NZD declined on Tuesday as kiwi dollar gained some traction against euro ahead of RBNZ rate decision.
•The Reserve Bank of New Zealand is scheduled to meet on Wednesday, and it is expected to maintain the cash rate at 5.5%.
• At GMT 19:30, the pair was trading down 0.42 percent at 1.7923 after reaching daily high at 1.8000.
• Technical signals show the pair could lose more ground as RSI is trending sounth at 49, and 5, 11,21 EMA’s are trending south.
• Immediate resistance is located at 1.7975(5EMA), any close above will push the pair towards 1.8007 (61.8%fib).
• Immediate support is seen at 1.7893 (50%fib) and break below could take the pair towards 1.7813 (38.2%fib).
Recommendation: Good to sell round 1.7940, with stop loss of 1.8050 and target price of 1.7880


FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/CAD bulls continue to hold the higher ground
FxWirePro: USD/CAD slips as Canadian dollar firms on hopes for US-Iran ceasefire deal
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: USD/JPY edges higher but bulls lack punch
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/AUD downward momentum remains in place
Bitcoin Bleeds $704M in ETF Outflows as Institutional Exodus Accelerates
FxWirePro: NZD/USD gains as hawkish RBNZ comments boost Kiwi dollar 



