• EUR/NZD strengthened on Tuesday as the pair rebounded on combination of technical and fundamental factors.
• At GMT 17:43, the pair was trading up 0.83 percent at 1.6866 after reaching daily low at 1.6814.
• EUR/NZD bulls confidence is running high, a test of the 23.6%fib highly seems likely.
• From a technical viewpoint, RSI is strongly bullish at 53, daily momentum studies, 5, 10 and 11 daily MAs are pointing higher.
• Immediate resistance is located at 1.6895(Daily high), any close above will push the pair towards 1.6969 (23.6%fib).
• Immediate support is seen at 1.6836 (5DMA) and break below could take the pair towards 1.6774 (38.2%fib).
Recommendation: Good to buy on dips around 1.6860, with stop loss of 1.6780 and target price of 1.6920


FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Woodies Pivot(Major)
FxWirePro: AUD/USD runs out of steam but maintains bullish outlook
FxWirePro-Major European Indices
NZDJPY: Bearish Bias Persists — Sell Rallies Near 90 Targeting 88
FxWirePro: NZD/USD downside pressure builds, key support level in focus
FxWirePro- Major Crypto levels and bias summary
Yen Power Play: AUDJPY Crumbles Below 103.70 Resistance
BTC/USD Coils Ahead of CPI & BOJ: Buy Dips at $85K Targeting $100K Breakout
FxWirePro: USD/ZAR extends losses as dollar drops after delayed U.S. data
Yen Surge Dims NZDJPY Shine: Bearish Trend Holds Below 91 Resistance
FxWirePro- Major Crypto levels and bias summary
EUR/JPY Bearish Outlook Persists: Ifo Weakness Caps Upside, Sell Rallies Targeting 180 Below 183 Resistance
FxWirePro:USD/JPY neutral in the near-term, scope for downward resumption
ETH/USD Clings Below $3000 in BTC's Shadow: Buy Deep Dips at $2700 Targeting $4000 Breakout
FxWirePro: NZD/USD sidelined ahead Of key New Zealand GDP and US inflation update 



