FxWirePro: NZD/USD edges lower, remains on back foot 
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FxWirePro: EUR/AUD outlook weaker on renewed downside pressure 
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FxWirePro- Major Pair levels and bias summary 
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FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption 
FxWirePro: EUR/NZD up trend gains momentum but hurdles ahead 
Major Pairs Action Bias: USDCAD and USDCHF Stand Out as Extremely Bullish While GBPUSD and NZDUSD Turn Extremely Bearish 
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FxWirePro: GBP/NZD gains some ground but bias is still bearish 
FxWirePro: USD/CAD gaining momentum for a move towards 1.4200 level 
• EUR/NZD rose higher on Tuesday as growing concerns about the impact of the Delta COVID-19 variant on the global economic recovery hit risk-sensitive currencies like kiwi dollar.
• EUR/NZD lifts further above 1.7025(38.2% fib). A test of 23.6% fib cannot be ruled out.
• Technical signals indicate bullish movementum, as RSI is at 56, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.7097 (23.6%fib), any close above will push the pair towards 1.7123 (18th Jan high).
• Immediate support is seen at 1.7025(38.2% fib) and break below could take the pair towards 1.6967 (50% fib ).
Recommendation: Good to buy around 1.7000, with stop loss of 1.6960 and target price of 1.7080
