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FxWirePro: EUR/NZD maintain upside momentum, eyes 1.8200 level

• EUR/NZD steadied on Tuesday as softer commodities, higher US treasury yields weighed on kiwi dollar. • Oil prices dipped on a report that Israeli Prime Minister Benjamin Netanyahu will hold a meeting for a diplomatic s…

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FxWirePro: EUR/NZD maintain upside momentum, eyes 1.8200 level
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• EUR/NZD steadied   on Tuesday   as softer commodities, higher US treasury yields weighed on kiwi dollar.

• Oil prices dipped on a report that Israeli Prime Minister Benjamin Netanyahu will hold a meeting for a diplomatic solution to the war in Lebanon..

• Copper dipped 0.12% as traders looked ahead to an important meeting on China's stimulus measures scheduled for next week..

• Immediate resistance is located at 1.8145(23.6%fib), any close above will push the pair towards 1.8190 (Higher BB)

• Support is seen at 1.8066 (Oct 29th low) and break below could take the pair towards 1.8021 (38.2%fib)

Recommendation: Good to buy around 1.8100, with stop loss of 1.800 and target price of 1.8200

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