• EUR/NZD rally extended above 1.7400 on Thursday as sentiment for euro continued to improve after a landmark European Union deal.
• EU leaders agreed on Tuesday after a four-day summit a 750 billion euro coronavirus recovery package.
• Oversold conditions have eased after recent consolidation. Barrier at 1.7301 (23.6% fib) is likely to restrict lower move.
• Technical signals highlight upside bullish trend as daily RSI is rising, a monthly bull hammer is forming for June and EUR/AUD is trading above the 5-DMA.
• Immediate resistance is located at 1.7537 (Higher BB), any close above will push the pair towards 1.7640 (38.2% fib).
• Immediate support is seen at 1.7395 (5 DMA) and break below could take the pair towards 1.7301 (23.6% fib).
Recommendation: Good to buy on dips around 1.6400, with stop loss of 1.6270 and target price of 1.6500.


FxWirePro: NZD/USD firms as Kiwi gains on strong ANZ business outlook data
FxWirePro- Woodies pivot (Major)
JPY Action Bias: EURJPY and CADJPY Emerge as Extremely Bullish Pairs to Watch
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ CNY remains soft ahead of Fed decision
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
FxWirePro : GBP/NZD strongly bearish despite upside attempts
FxWirePro: GBP/AUD gains above 1.9200 level , upside pressure builds
NZDJPY Bullish Rebound: Buy Dips as EMAs Align for 97 Target
FxWirePro- Major Pair levels and bias summary
Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
FxWirePro: USD/ZAR firms ahead of Fed interest rate decision
FxWirePro:EUR/NZD gains some upside momentum but still bearish
FxWirePro- Major Crypto levels and bias summary 



