• EUR/NZD declined on Friday as investors digested a flurry of economic data ahead of the long Christmas holiday weekend.
• EUR/NZD approached to test resistance 1.6988(38.2%fib) but retreated as the pair lost strength.
• EUR/AUD bulls need to overcome 38.2%fib resistence, in order to keep the bias on gains. 14-day momentum remains positive, reinforcing the bullish market.
• Immediate resistance is located at 1.6988(38.2%fib), any close above will push the pair towards 1.7075(HIigher BB).
• Immediate support is seen at 1.6831 (5DMA) and break below could take the pair towards 1.6770 (50% fib).
Recommendation: Good to sell round 1.6860, with stop loss of 1.6760 and target price of 1.6920


FxWirePro- Major Pair levels and bias summary
EUR/USD Slides After ECB Hold, Bearish Technicals Favor Rally Fades
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: GBP/USD slips as middle east tensions and oil surge pressure pound
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/CAD edges lower but bullish outlook persists
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: USD/CNY edges higher but bulls lack punch
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus 



