• EUR/NZD strengthened on Wednesday as euro received support from Tuesday's Eurozone unemployment rate data despite bearish warnings from European Central Bank (ECB) policymakers.
•Data on Tuesday showed Eurozone unemployment rate unexpectedly dropped to 6.4% in November, defying expectations of 6.5%.
• The pair is currently approaching resistance at 38.2%fib. A break and daily close above will accelerate further gains towards 1.7700 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 77 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.7629(38.2%fib), any close above will push the pair towards 1.7694(Higher BB).
• Strong support is seen at 1.7543(50%fib) and break below could take the pair towards 1.7469 (61.8% fib ).
Recommendation: Good to buy around 1.7610 with stop loss of 1.7500 and target price of 1.7680


FxWirePro: EUR/ NZD dips below lower range, bearish bias increases
FxWirePro: USD/ZAR sell bias remains below key resistance zone
EUR/JPY Bulls Hold the Line Above 185: Eyes Locked on 188 Breakout
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CNY bears maintain upper hand
FxWirePro- Major Pair levels and bias summary
Aussie Yen Breaks 114 Barrier: Bulls Lock Horns With Resistance, Eyes on 115 Summit
Ethereum Tumbles Below $2K: Bears Eye $1,700 as All Key EMAs Flip Red
FxWirePro: EUR/AUD downward momentum remains in place
FxWirePro: USD/ZAR slips as SARB delivers surprise rate hike
FxWirePro: GBP/AUD downside pressure builds, key support level in focus
FxWirePro: GBP/NZD extends decline , vulnerable to more downside
FxWirePro: GBP/USD edged higher as hopes for US-Iran deal boost riskier assets
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD recovers some ground but bears are not done yet
FxWirePro- Major Crypto levels and bias summary 



