• EUR/NZD gave up early gains on Wednesday as concerns over spread of Delta variant and impact on Eurozone growth capped gains.
• EUR/NZD hits resistance at 1.7044, before retreating slightly to trade at 1.696 by 17:23 GMT.
• Price is capped by resistance at 1.7044, setback from todays high has been limited by 1.6961 (38.2% fib) support.
• Technical signals favours bullish sentiment, RSI is at 54 and pair trades above 5,9 & 30 DMAs.
• Immediate resistance is located at 1.7044 (23.6%fib), any close above will push the pair towards 1.7079(Higher BB).
• Immediate support is seen at 1.6961 (38.2% fib) and break below could take the pair towards 1.6921 (30DMA).
Recommendation: Good to buy around 1.6970, with stop loss of 1.6900 and target price of 1.7050


FxWirePro: USD/CNY downside pressure builds, key support level In focus
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro- Major Pair levels and bias summary
FxWirePro: NZD/USD maintains bullish bias with focus on 0.5900
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
FxWirePro: GBP/USD advances on steady UK GDP growth
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
FxWirePro: AUD/USD edges higher ahead of RBA meeting minutes
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro: GBP/AUD loses momentum but bullish setup remains
FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought 



