• EUR/NZD strengthened on Tuesday as pick-up in the pace of vaccination rollouts in Eurozone and upbeat Eurozone economic data boosted euro against weaker Kiwi dollar.
•Euro was also boosted by german retail sales posting an unexpected surge in March as the relaxation of some lockdown measures stimulated purchases.
• The pair is currently approaching resistance at 1.6885 (38.2%fib). A break and daily close above will accelerate further gains towards 1.6950 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 55 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.6885 (38.2%fib), any close above will push the pair towards 1.6952 (Higher BB).
• Strong support is seen at 1.6807(50%fib) and break below could take the pair towards 1.6735 (61.8% fib )
Recommendation: Good to buy around 1.6835 with stop loss of 1.6760 and target price of 1.6900


FxWirePro- Woodies Pivot(Major)
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro- Major Pair levels and bias summary
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/AUD slips following RBA minutes , plunge to test a key fibo grows
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
0.7870 Break Looms – Next Stop 0.7800 for USDCHF? 



