It is expected that EURNZD will continue to rise.
Following a correction to a significant horizontal support level, the price rebounded and broke through a resistance line in a bullish flag pattern.
The release of fundamental events yesterday further bolstered the pair. The price is likely to reach the 1.806 level in the near future.
Following a correction to a significant horizontal support level, the price rebounded and broke through a resistance line in a bullish flag pattern.
The release of fundamental events yesterday further bolstered the pair. The price is likely to reach the 1.806 level in the near future.
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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.