• EUR/NZD initially dipped on Tuesday but recovered as upbeat risk sentiment and better than expected German Ifo data supported euro.
•Germany’s Ifo survey showed that business morale improved more than expected in May.
• EUR/NZD fell as low as 1.6905 before buyers returned and underpinned .EUR/NZD moving higher into the US afternoon and is sitting around 1.9649.
• EUR/NZD is trading above the bullishly aligned 10- and 21-DMAs and within a bull trend channel,RSIs are rising but not overbought, indicating upside momentum.
• Immediate resistance is located at 1.6968( 38.2%fib), any close above will push the pair towards 1.7000(Psychological level) .
• Strong support is seen at 1.6898 (23.6% fib ) and break below could take the pair towards 1.6879(Channel support).
Recommendation: Good to buy around 1.6920, with stop loss of 1.6850 and target price of 1.7010.


FxWirePro: GBP/NZD bulls loosen their grip a bit, dips to be bought
FxWirePro: USD/CAD outlook weaker on renewed downside pressure
FxWirePro: AUD/USD firms on hawkish RBA meeting minutes
FxWirePro- Woodies Pivot(Major)
FxWirePro: EUR/NZD runs out of steam but maintains bullish outlook
Pound Strike Forces EURGBP Retreat – Next Stop 0.8660?
211.55 Ceiling Holds: GBPJPY Profit-Taking Turns Bearish
FxWirePro: USD/CAD slips as oil rally boosts loonie
FxWirePro: GBP/AUD loses momentum but bullish setup remains
ETHUSD Dip: Prime Buy Zone to $3600 Targets
Bitcoin Stuck in No-Man’s-Land: $85K Dip or $100K Breakout Next?
FxWirePro: EUR/AUD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
AUDJPY: Buy-the-Dip Strategy Intact Above 103.80 Despite Profit-Taking Pullback
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD advances on steady UK GDP growth
FxWirePro- Major Pair levels and bias summary 



