Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
EUR/NZD looking for buyers across the board
2019-11-11 • Updated
The pair remains strong in a bullish bias held since November 28th session and according to our projections, EUR/NZD is expected to find buyers at the current stage. That’s a likely scenario, taking in consideration that our Fibonacci levels coincides with the 1.7274 and 1.7214. If the pair manages to rebound around that area, the next target should be the -23.6% at 1.7569.
RSI indicator is moving into the waters of oversold territory.
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