- EUR/NZD pauses upside, hovers around 1.67 handle, bias still higher.
- The pair is consolidating upside at fresh 5-week highs at 1.6710, is down slightly, -0.07% lower on the day.
- EUR to remain supported after Premier Carles Puigdemont pulled back from the brink of a full-blown unilateral declaration of independence for Catalonia and opened doors for last minute negotiations.
- Technical studies support upside, the pair is on track to test channel top resistance at 1.68.
- Stocks and RSI biased higher, momentum studies are bullish. MACD line is showing a bullish crossover on signal line and ADX also supports uptrend.
- Weekly charts are also bullish, however, Stochs are at overbought so some caution advised.
Support levels - 1.66 (5-DMA), 1.6545 (50% Fib retrace of 1.8555 to 1.4535 fall), 1.6413 (20-DMA)
Resistance levels - 1.6710 (Oct 10 high), 1.68 (channel top), 1.6930 (May 2016 high)
Call update: Our previous call (https://www.econotimes.com/FxWirePro-EUR-NZD-Trade-Idea-938735) has hit TP1/2/3.
Recommendation: Book partial profits at highs, hold for further upside.
FxWirePro Currency Strength Index: FxWirePro's Hourly EUR Spot Index was at 146.457 (Bullish), while Hourly NZD Spot Index was at -105.023 (Bearish) at 0520 GMT. For more details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest


FxWirePro : EUR/NZD holding below 38.2% fibo ahead of US data
FxWirePro: NZD/USD softens despite firm expectations for RBNZ tightening
FxWirePro: AUD/USD eases as investors await U.S. employment figures
EURUSD Bulls Charge Higher: Buy Dips at 1.1528 as EMA Alignment Eyes Break Above 1.1560
FxWirePro- Major Crypto levels and bias summary
NZDJPY Bears Lie in Wait: Sell Rallies at 93 for 90 Target with 94 Stop
FxWirePro : EUR/NZD gains upside momentum but still bearish
Currency Score Alert: GBPUSD, AUDUSD & NZDUSD Top the Charts at 85 – Major Levels to Watch for Bullish Breakouts
FxWirePro: GBP/USD eases as dollar firms ahead of U.S. June non-farm payrolls report
FxWirePro: USD/CNY slips as strong China exports data Lift yuan
NZDJPY Bears Ready to Strike: Sell Rallies at 93 as EMAs Signal Deeper Slide to 90
AUDJPY Bears Poised: Sell Rallies at 111.55 for 108 Target with 112.20 Stop
AUDJPY Bears Hold the Line: Sell Rallies at 111.40 as Negative Bias Targets Sharp Drop to 108
FxWirePro: USD/JPY holds tight range ahead of key U.S. payrolls data
FxWirePro: AUD/USD eases slightly as markets await U.S. Payrolls report
FxWirePro: USD/ZAR gains some ground, but downtrend remains 



