• EUR/NZD initially gained Monday but gains faded as the pair was weighed down by data showing weak German exports data .
• In October, German exports unexpected declined, decreasing by 0.2% compared to the previous month, primarily due to weak demand within the European Union.
• EUR/NZD remains well below 1.8677( 50%fib),Daily close below 38.2%fib increase the scope for much bigger drop.
• Technical signals show RSI is at 38 , daily momentum studies 9, 10 and 11 DMAs are trending southwards
• Immediate resistance is located at 1.7580 (38.2% fib), any close above will push the pair towards 1.7636(5DMA).
•Immediate support is seen at 1.7482 (23.6% fib) and break below could take the pair towards 1.7424 (June 16th low).
Recommendation: Good to sell around 1.7600, with stop loss of 1.7700 and target price of 1.7520


FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD maintains bullish bias with focus on 2.0300 level
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
EUR/USD Surges Past 1.1765 on Dismal US Jobs Data: Bullish Momentum Builds with Eyes on 1.1900
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD dive post-CPI short-lived as traders prepare for BoE decision
FxWirePro: GBP/NZD remains bullish as rally continues
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD edges lower but bullish outlook persists
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: USD/CAD slides as U.S. dollar weakens after jobs data
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro: USD/ZAR bears maintain upper hand 



