• EUR/NZD slipped lower on Thursday as upbeat New Zealand retail sales data boosted kiwi dollar across the board .
• New Zealand’s retail sales volume rose a seasonally adjusted 1.9% quarter-on-quarter in Q3 2025, data from Statistics New Zealand showed on Thursday.
• Core retail sales rose 1.2% quarter-on-quarter, beating expectations of a 0.8% gain and accelerating from the prior quarter’s 1.0% increase.
• Separately , data on Eurozone sentiment showed stability amid mixed signals. The Economic Sentiment Indicator for November hit 97, meeting expectations and slightly exceeding October’s 96.8, while the Business Climate Index improved to 0.66 from -0.47...
• Immediate resistance is located at 2.0356(Daily high), any close above will push the pair towards 2.0413(38.2%fib).
• Immediate support is seen at 2.0210 (38.2%fib) and break below could take the pair towards 2.0134(Lower BB).
Recommendation: Good to sell around 2.0280 with stop loss of 2.0400 and target price of 2.0150
