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FxWirePro : EUR/NZD steadies above 1.8100, retains bid tone

• EUR/NZD strengthened  on   Wednesday  but gains were limited as investors awaited catalyst from US pricing data.

•  The pair is holding near today's high, daily  close above 23.6%fib will increase the scope for much bigger gains.

• Technical are bullish as is RSI  bullish at 61,  momentum studies, 5 10 & 21 daily  moving averages   signals suggest uptrend remains strong.

• Immediate resistance is located at 1.8144(23.6%fib), any close above will push the pair towards 1.8212 (Higher BB).

• Strong support is seen at 1.8079 (5DMA) and break below could take the pair towards 1.8002 (38.2% fib )

Recommendation: Good to buy around 1.8120, with stop loss of 1.8050 and target price of 1.8200

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