EUR/NZD broke resistance zone

EUR/NZD broke resistance zone

  • EUR/NZD broke resistance zone
  • Next buy target - 1.7250

EUR/NZD recently broke through the resistance zone lying between the resistance level 1.6960 and the 61.8% Fibonacci correction of the previous intermediate ABC correction (2) from the middle of May. The breakout of this resistance zone accelerated the active intermediate impulse wave (3). EUR/NZD is expected to rise further toward the next buy target at the next resistance level 1.7250 (top of the previous impulse wave (1)).

Similar

GBP/USD: 'V-Top' led to decline

The main intraday target is the nearest support. A pullback from this level could be a starting point for another upward price movement...

gbp

Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...

gbp

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera