• EUR/NZD initially dipped on Tuesday but recovered ground as euro was buoyed by pace of vaccine rollout in Europe.
• EUR/NZD recovered to hit high at 1.6777 after reaching daily low at 1.6695 . EUR/NZD last stood at 1.6755 in US session.
• From a technical viewpoint, RSI is lower at 48, daily momentum studies, 9, 11 and 14 daily moving averages are trending lower.
• Immediate resistance is located at 1.6803 (38.2%fib), any close above will push the pair towards 1.6824 (11DMA).
• Immediate support is seen at 1.6670 (23.6%fib)and break below could take the pair towards 1.6609 (Lower BB).
Recommendation: Good to sell around 1.6770, with stop loss of 1.6850 and target price of 1.6670.


FxWirePro: GBP/AUD tracks lower on firmer Australian dollar
AUDJPY Bulls in Control: Buy the Dips Above 103.80 for a Run Towards 106
FxWirePro: USD/JPY extends fall as yen rises on intervention fears
ETHUSD Dip: Prime Buy Zone to $3600 Targets
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
FxWirePro: USD/ZAR outlook weaker on renewed downside pressure
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance
FxWirePro- Woodies Pivot(Major)
NZDJPY: Bearish Signals Sell-on-Rally Opportunity Below 92
FxWirePro: USD/ZAR down trend loses steam, remains on bearish path
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
NZDJPY: Sell the Rallies as Bears Guard 92 and Range Trade Persists
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 



