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• EUR/NZD dipped on Thursday after a cluster of bullish U.S. data that sent the pair lower but losses were limited as investors awaited Friday's non-farm payrolls .
• Price slides to 1.6334 from 1.6482 Thrusday high but recovers after finding support at 1.6334 (38.2%fib).
• From a technical viewpoint, RSI is bullish at 55 daily momentum studies, 5, 10 and 11 are trending down.
• Immediate resistance is located at 1.6447 (Higher BB), any close above will push the pair towards 1.6501(23.6%fib).
• Immediate support is seen at 1.6334 (38.2%fib)and break below could take the pair towards 1.6227 (9DMA).
Recommendation: Good to buy around 1.6350 with stop loss of 1.6250 and target price of 1.6450
