Euro / New Zealand Dollar
Short
Updated

EURNZD Falls from 1.8500 to 1.8300: Watch for Further Decline

95
EURNZD has been dropping since it reached 1.8500 and is currently trading around 1.8300. This strong downward movement has brought the price closer to our expected target at 1.8235. With the price now hovering near 1.8300, the market shows continued bearish pressure, and it’s likely to continue its move lower toward the target.
Trade closed: target reached
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.