• EUR/NZD strengthened on Wednesday as ebbing banking woes, risk-on vibe and weaker dollar drove EUR/NZD higher.
•The pair reaches 1.7439 after recovering from 1.7296.Consolidation likely to continue while market seeks fresh factors.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 60 bullish, daily momentum studies 5, 10 and 14 DMAs are trending up.
• Immediate resistance is located at 1.7445 (Daily high), any close above will push the pair towards 1.7519(23.6% fib).
• Strong support is seen at 1.7386 (5DMA) and break below could take the pair towards 1.7274 (38.2% fib )
Recommendation: Good to buy around 1.7400 , with stop loss of 1.7320 and target price of 1.7480


FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/NZD uptrend loses steam but outlook still bullish
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Woodies Pivot(Major)
FxWirePro: GBP/USD dips lower on negative UK retail sales data
FxWirePro- Major European Indices
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Pair levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116 



