• EUR/NZD strengthened on Tuesday as worries about the Omicron variant dampened and weaker commodities prices weighed on risk sensitive kiwi dollar.
• The pair is currently approaching resistance at 1.6722(38.2%fib). A break and daily close above will accelerate further gains towards 1.6840 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 62 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.6722(38.2%fib), any close above will push the pair towards 1.6839(23.6%fib).
• Strong support is seen at 1.6665 (5DMA) and break below could take the pair towards 1.6626 (50% fib )
Recommendation: Good to buy around 1.6680 with stop loss of 1.6620 and target price of 1.6800


FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD dips lower on negative UK retail sales data
Aussie-Yen Holds Firm Post-BOJ Rate Boost: Intraday Bullish Momentum Intact
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro- Major Pair levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major European Indices
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 



