• EUR/NZD declined on Tuesday as investors sought riskier assets despite surging cases of the Omicron coronavirus variant around the world.
• EUR/NZD dived below the 38.2% fib and hit daily low at 1.6648 .
• Technical lean bearish, RSI is turning lower, momentum studies, 9, 11 DMAs falling southwards.
• Immediate resistance is located at 1.6689( 5 DMA), any close above will push the pair towards 1.6703(38.2% fib)
• Support is seen at 1.6634(23.6%fib ) and break below could take the pair towards 1.6550 (16th Dec low).
Recommendation: Good to sell around 1.6680, with stop loss of 1.6750 and target price of 1.6600


FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD edges higher but outlook is bearish
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
FxWirePro: EUR/ NZD stuck in range but outlook is bearish
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/NZD gains some ground but outlook is bearish
NZDJPY Catches Its Breath: Bulls Defend 94 Floor With Sights Set on 96–97
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97 



