• 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


BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K
FxWirePro: USD/ZAR edges higher but bearish outlook persists
FxWirePro: GBP/NZD attracts buying interest, 38.2% fib eyed
FxWirePro- Major Crypto levels and bias summary
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
GBPJPY Rockets Post-BOJ Hike: Bullish Surge to 210 in Sight – Buy Dips Targeting 212
FxWirePro:EUR/AUD eases but bullish outlook persists
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185 



