• EUR/NZD rose higher on Friday as subdued risk appetite and lower commodity prices weighed on the risk-sensitive kiwi dollar.
• Tensions persisted in the Middle East a week after Israeli strikes drew Iranian retaliation, with the U.S. imposing fresh sanctions and Trump deferring action for two weeks.
• European foreign ministers urged Iran to engage with the U.S. over its nuclear programme after high-level talks in Geneva about a potential new nuclear deal ended with little sign of progress.
• Technical indicators remain firmly bullish, with the RSI at 66 and the 50, and 100‑day momentum moving averages all trending higher.
• Immediate resistance is located at 1.9334(Daily high), any close above will push the pair towards 1.9527(38.2% fib).
• Immediate support is seen at 1.9249(50% fib) and break below could take the pair towards 1.9046(50DMA).
Recommendation: Good to buy on dips around 1.9300, with stop loss of 1.9220 and target price of 1.9400
