• EUR/NZD strengthened on Wednesday as New Zealand attracted sellers after RBNZ hiked 25 bps to 5.50%.
• RBNZ central bank on Wednesday signalled it was done tightening after raising rates by 25 basis points to the highest in more than 14 years at 5.5%.
• A daily close above 1.7652 will further improve the technical outlook, and open the possibility of a rally towards 1.7700 level.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 67 bullish, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.7652 (Daily high), any close above will push the pair towards 1.7696 (23.6%fib).
• Strong support is seen at 1.7512 (38.2% fib) and break below could take the pair towards 1.7416 (May 15th low )
Recommendation: Good to buy around 1.7600, with stop loss of 1.7520 and target price of 1.7700


FxWirePro:GBP/NZD recovers ground after early dip, bias bullish
FxWirePro: NZD/USD dips as stronger U.S. dollar offsets NZ Q3 GDP surprise
FxWirePro: EUR/AUD runs out of steam but maintains bullish outlook
FxWirePro: USD/CAD recovers slightly but trend is still bearish
AUD/JPY Stalls Ahead of BOJ Decision: Sell on Rallies as Bearish Bias Holds Below 103.70
FxWirePro: EUR/AUD trends higher, but faces potential pitfalls
FxWirePro- Woodies Pivot(Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: AUD/USD struggle to extend its recovery,good to sell on rally
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: GBP/USD recovers slightly from early decline ahead of Bank of England’s interest rate decision
FxWirePro: AUD/USD bulls struggle to hold on US CPI induced gains
FxWirePro: EUR/NZD steadies ahead of ECB meeting
FxWirePro: GBP/NZD retreats slightly but trend is still bullish
FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
GBP/JPY Surges Post-BoE Cut: Bullish Momentum Eyes 210 as Support Holds at 207.80 



