• 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


Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
Major Pairs Action Bias: USDCHF Emerges Extremely Bullish as EURUSD and GBPUSD Turn Deeply Bearish
JPY Action Bias: USDJPY, EURJPY, and CADJPY Emerge as Top Extremely Bullish Picks
FxWirePro: USD/CAD edges lower but bullish outlook persists
NZDJPY Bullish Dip-Buy Setup: 93.60 Support Unlocks Path to 97
BTC, ETH, SOL, XRP, and BNB: Major Crypto Pairs Stay Neutral
FxWirePro:USD/JPY hovers near a four-decade low
FxWirePro: EUR/NZD firms after ECB holds rates steady at 2.25%
FxWirePro: GBP/NZD downside pressure builds, key support levels in focus
FxWirePro: USD/ZAR surges as rand slumps after SARB rate hold surprise
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: EUR/AUD neutral in the near term, scope for downward resumption 



