• EUR/NZD declined on Friday as concerns over slow growth in the euro zone and growing concerns about Ukraine-Russia stress weighed on euro.
• Political instability in Germany and France, alongside investor expectations for aggressive ECB rate cuts also weighed euro.
•Trading volumes declined heading into the U.S. Thanksgiving holiday on Friday, with many traders out from Friday market.
• The technical outlook remains bearish and points to eventual bigger losses, fourteen-day momentum is negative, reinforcing the scope for a bigger slump
• Immediate resistance is located at 1.7918(38.2%fib), any close above will push the pair towards 17962(21SMA)
• Support is seen at 1.7824(50%fib) and break below could take the pair towards 1.7761(61.8%fib))
Recommendation: Good to sell around 1.7850, with stop loss of 1.7930 and target price of 1.7770


Major Currency Scores: USD/CAD Signals Extremely Bullish Momentum at +90
EUR/USD Dips Below 1.1500 Amidst Divergent Central Bank Policies and USD Strength
FxWirePro: GBP/AUD edges higher but maintains bearish bias
FxWirePro: GBP/NZD uptrend loses steam, remains on bullish path
FxWirePro: EUR/AUD downtrend loses momentum, bearish bias prevails
EURJPY Recovers Over 150 Pips Post-BOJ Hike, Bullish Trend Strengthens
FxWirePro: GBP/USD falls after BoE holds rates and warns of further hikes
FxWirePro: GBP/USD gains some traction after UK retail sales beat expectation
FxWirePro- Major Pair levels and bias summary
NZDJPY Surges Past 90 Amidst BOJ Rate Hike Uncertainty
FxWirePro: GBP/NZD bulls gear up for next leg higher, eyes 2.3500level
USD/CHF Blasts Past 0.8250: Technicals Signal Next Stop at 0.8340
FxWirePro: USD/ZAR slips as rand benefits from steady commodity prices
FxWirePro: NZD/USD edges lower, remains on back foot
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/AUD falls after BoE rate hold 



