• EUR/NZD strengthened on Tuesday as worries about the Omicron variant dampened and weaker commodities prices weighed on risk sensitive kiwi dollar.
• The pair is currently approaching resistance at 1.6722(38.2%fib). A break and daily close above will accelerate further gains towards 1.6840 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 62 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.6722(38.2%fib), any close above will push the pair towards 1.6839(23.6%fib).
• Strong support is seen at 1.6665 (5DMA) and break below could take the pair towards 1.6626 (50% fib )
Recommendation: Good to buy around 1.6680 with stop loss of 1.6620 and target price of 1.6800


FxWirePro: GBP/AUD moves lower on weak UK data
FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major Pair levels and bias summary
FxWirePro:EUR/AUD eases but bullish outlook persists
USDCHF Triple Bottom at 0.7920 Under Threat: Bearish Signals Dominate – Sell Rallies Targeting 0.7865
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro- Major Pair levels and bias summary
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro- Major Crypto levels and bias summary
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro: USD/JPY firms as Japanese Yen weakens after BoJ rate hike
NZDJPY Whipsaws After BoJ Hike: Buy-the-Dip Setup Above 89 With Eyes on 92
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/CAD downtrend slows, but bearish sentiment remains
FxWirePro- Woodies Pivot(Major) 



