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FxWirePro- Major European Indices 
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption 
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FxWirePro: NZD/USD sustains gains as uptrend remains strong 
EURJPY Carves Triple Bottom at 180.20 – Bulls Ready to Storm 182-183 as Breakout Momentum Builds 
EURGBP Buckles Under Sterling Surge – Bears Eye 0.8600 as 0.8800 Ceiling Holds Firm 
FxWirePro: AUD/USD consolidates gains ,remains on positive footing 
FxWirePro: EUR/AUD set To for bigger drop, but close below key fibo needed 
NZDJPY Eyes Breakout: Buy the Dip as Bulls Guard 88.70 
• EUR/NZD steadied on Monday as investors digested Eurozone consumer confidence data and awaited release of Flash PMIs in Europe.
• Eurozone consumer confidence rose to -14.9 in the latest reading, up from -15.5 previously, representing a modest 0.6-point improvement. While still in negative territory, the data signals a slight recovery in household sentiment.
• The euro zone’s data calendar this week is relatively light, with highlights including PMIs across Europe, consumer confidence, the ECB’s inflation outlook, and Germany’s Ifo business survey.
• From a technical viewpoint, RSI is bullish at 69, daily momentum studies, 5, 10 and 11 daily MAs are pointing up .
• Immediate resistance is located at 2.0123(38.2%fib), any close above will push the pair towards 2.0199 (Higher BB).
• Immediate support is seen at 2.2000 (Psychological level) and break below could take the pair towards 1.9860(SMA20).
Recommendation: Good to buy around 2.2060 with stop loss of 1.9950 and target price of 2.2120
