• EUR/NZD strengthened on Friday as hawkish ECB comments lifted euro against weaker Aussie dollar .
• European Central Bank interest rates still have some way to rise, two influential policymakers said on Friday.
• EUR/NZD is now on course to register close above the 1.7171 (38.2% fib0, break above will likely see a much bigger rise.
• Technical signals show the pair could lose more ground in the short-term as RSI is at 61 bullish, daily momentum studies 5, 10 and 21 DMAs are trending up.
• Immediate resistance is located at 1.7171 (38.2% fib),any close above will push the pair towards 1.7289(23.6 % fib ).
• Immediate support is seen at 1.7082 (50% fib) and break below could take the pair towards 1.7049 (Daily low )
Recommendation: Good to buy 1.7110, with stop loss of 1.7050 and target price of 1.7200


NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
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