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• EUR/NZD was little changed on Thursday as investors refrained from taking positions ahead of Friday's highly-anticipated April US NFP report
• Investors are exercising caution, as any significant surprise either a sharp slowdown in job growth or a stronger-than-expected figure could sway risk sentiment and impact global currency flows.
• With the NFP release looming, traders are likely to remain in wait-and-see mode, contributing to the pair’s muted movement.
• Immediate resistance is located at 1.9268(50% fib), any close above will push the pair towards 1.9535(38.2% fib).
• Immediate support is seen at 1.8986(61.8% fib) and break below could take the pair towards 1.8808 (Lower BB).
Recommendation: Good to buy round 1.9110, with stop loss of 1.9040, and target price of 1.9200,
