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FxWirePro: EUR/NZD eases slightly but bias remains bullish

 • EUR/NZD eased slightly on Monday    as investors awaited Donald Trump's return to the White House for fresh insights on his stance on tariffs and international relations..

 • On the macro front, German producer prices rose less than expected in December, increasing by 0.8% on the year.

• The World Economic Forum (WEF) in Davos, Switzerland, where global political, business, and financial leaders gather, is another major event to watch this week.

• Technical signals are   bullish as RSI is   at 52, daily momentum studies  14, 21 and 30 DMAs are trending up.
 
• Immediate resistance is located at 1.8448 (23.6%fib), any close above will push the pair towards 1.8521 (Higher BB).

•  Support is seen at 1.8319 (38.2%fib) and break below could take the pair towards 1.8269(50%fib)

Recommendation: Good to buy  around 1.8350, with stop loss of 1.8200 and target price of 1.8450

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