EUR - BEARISH 1️⃣ Concerns over rising COVID-19 cases, fresh lockdowns and the slow pace of vaccination. 2️⃣ The European Central Bank's economic bulletin showed that Euro Area economic indicators pointed to a fourth-quarter economic contraction.
NZD - BULLISH 1️⃣ The positive risk tone boosted the antipodeans.
===== Technical =====
We are looking to sell the EURNZD at the resistance of 1.69000 + below SMA 50 on the H1 chart.
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.