• EUR/NZD recovered some ground on Tuesday as surprise increase in U.S. consumer prices and improved German investor morale data supported euro.
• Data showed an unexpected rise in U.S. consumer prices for November. This increase occurred despite a drop in gasoline costs, which was outweighed by rises in rents.
• The ZEW economic research institute recorded an increase in its economic sentiment index to 12.8 points in December, surpassing analysts' expectations.
• Pair traded in 1.7493 /1.7565 range and was last trading at 1.7601 level.
• Technical signals are bearish as RSI is at 35, daily momentum studies 5,9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.7593 ( 38.2%fib), any close above will push the pair towards 1.7624 (11DMA)
• Strong support is seen at 1.7493 (23.6% fib ) and break below could take the pair towards 1.7421 (15th June low)
Recommendation: Good to sell around 1.7570, with stop loss of 1.7700and target price of 1.7500.


FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro- Woodies pivot (Major)
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
Crypto Bias Report: Trend Signals and Top Bullish Picks
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Major Crypto levels and bias summary 



