EUR/NZD: Targeting Upper Range at 1.81100

Long

Euro / New Zealand Dollar (FX:EURNZD)

Updated

FX:EURNZD Euro / New Zealand Dollar

Trend Analysis Chart Patterns Support and Resistance Contains image

trendanalysis chartpattern supportandresistance containsimage

The EUR/NZD trend appears to be ranging between 1.81100 and 1.79800. Currently priced around 1.80400, I strongly believe that the price will once again reach the upper level of 1.81100. Buying at the current price and setting a target range around 1.80948 seems safe.

Comment:

𝐍𝐞𝐱𝐭 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐀𝐡𝐞𝐚𝐝 𝐢𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐮𝐫𝐧𝐬 :

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.