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FxWirePro: EUR/ NZD loses momentum but outlook is bullish 
- Major resistance - $425
- The pair has made a high of $424.95 and declined till $400. It is currently trading around $422.
- Any break above major resistance confirms minor trend reversal a jump till $450/$480 is possible . Intraday trend reversal can be seen only below $400.
- On the lower side below $400 will drag the pair to next level$389/$380. Short term trend reversal only below $380.
It is good to buy above $425 with SL around $400 for the TP of $450/$480.
