• EUR/NZD strengthened on Monday as prospects of rate hikes by ECB boosted euro against kiwi dollar .
• Chief Economist Philip Lane indicated more rate hikes from the ECB in coming months even amid signs of easing price pressures.
• EUR/NZD is now on course to register close above the 1.7266 (23.6% fib), break above will likely see a much bigger rise.
• Technical signals show the pair could lose more ground in the short-term as RSI is at 61 bullish, daily momentum studies 5, 10 and 21 DMAs are trending up.
• Immediate resistance is located at 1.7266 (23.6% fib),any close above will push the pair towards 1.7295(Higher BB ).
• Immediate support is seen at 1.7103 (9DMA) and break below could take the pair towards 1.7000 (Psychological level )
Recommendation: Good to buy 1.7210, with stop loss of 1.7150 and target price of 1.7300


FxWirePro- Woodies pivot (Major)
FxWirePro- Woodies pivot (Major)
FxWirePro: GBP/USD downtrend loses steam but outlook still bearish
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD under pressure as pound continues to weaken
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: USD/CNY edges higher but bulls lack punch
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
FxWirePro: USD/CAD positions for another climb, eyes 1.4150 level
FxWirePro- Major Crypto levels and bias summary
AUDJPY Extends Four-Day Rally on Yen Weakness: Bullish Dip-Buy Eyes 117-118
FxWirePro: AUD/USD uptrend loses steam, remains on bearish path
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
FxWirePro: USD/CAD edges lower but bullish outlook persists 



