Looks like a great support for a long with some fundamental strength aswell with stable Eurozone current account data and institutional EUR buying could support EUR strength. NZD’s deteriorating trade balance and lack of bullish catalysts make it vulnerable, favoring a potential EUR/NZD rally.
Trade smart, be kind and stay strong
Trade smart, be kind and stay strong
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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.