- EUR/NZD hits fresh 2018 highs at 1.7378 before paring some gains to currently trade at 1.7313 levels.
- The pair has been rejected at strong trendline resistance at 1.7370, we see further upside only on break above.
- Price action has broken above 61.8% Fib and is holding above major EMAs on the weekly chart.
- Technical indicators support upside in the pair, break above 1.7370 to see test of 78.6% Fib.
- On the flipside, 5-DMA is immediate support at 1.72. Break below will see some weakness.
Support levels - 1.73, 1.7240 (trendline), 1.72 (5-DMA)
Resistance levels - 1.7370 (trendline), 1.74, 1.7480 (2017 high)
Call update: Our previous call (https://www.econotimes.com/FxWirePro-EUR-NZD-Trade-Idea-1397377) has hit all targets.
Recommendation: Book full profits. Watch out for break above 1.7370 to gp long.
FxWirePro Currency Strength Index: FxWirePro's Hourly EUR Spot Index was at -32.9275 (Neutral), while Hourly NZD Spot Index was at 27.0931 (Neutral) at 0845 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.


FxWirePro: AUD/USD firms after upbeat consumer spending data
FxWirePro- Major Pair levels and bias summary
Major European Indices Trend Scores: DAX & CAC40 Hit Perfect 100, FTSE100 at 85 — All Bullish with Key Levels to Watch
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR faces downside pressure with 38.2%fib support in focus
FxWirePro: GBP/USD edges higher as markets track U.S.-Iran talks and oil moves
FxWirePro- Woodies pivot (Major)
FxWirePro:EUR/NZD downtrend Intact, eyes 1.9500 level
Chart of the Day: BTC Double Bottom Ignites — Buy Above $64,050 for $67K–$70K Blast-Off
NZDJPY Bears Stay in Control After Sell-Off — Sell Rallies at 93 Targeting 90 as All EMAs Align Bearish
AUDJPY Bears Tighten Grip: Sell Rallies at 110.65-67 Targeting 107.75 as All EMAs Stay Red
Forex Scorecard: EUR/USD, GBP/USD, and NZD/USD Stand Out as Prime Bullish Opportunities
FxWirePro: NZD/USD turns lower as USD regains footing
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
FxWirePro- Woodies pivot (Major) 



