EUR - BEARISH
1️⃣ ECB is toying with the idea of more rate cuts, and a larger QE program.
2️⃣ ECB's President Lagarde is likely to sound dovish during her speech.
NZD - BULLISH
1️⃣ Appetite for the safe haven US Dollar weakened on hopes that US lawmakers can pass a much-sought-after fiscal stimulus package.
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TECHNICAL
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- EURNZD breaking minor support to become SBR on H1 chart.
- EURNZD now in bearish mode.
1️⃣ ECB is toying with the idea of more rate cuts, and a larger QE program.
2️⃣ ECB's President Lagarde is likely to sound dovish during her speech.
NZD - BULLISH
1️⃣ Appetite for the safe haven US Dollar weakened on hopes that US lawmakers can pass a much-sought-after fiscal stimulus package.
=====
TECHNICAL
=====
- EURNZD breaking minor support to become SBR on H1 chart.
- EURNZD now in bearish mode.
Trade closed: target reached
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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.