EUR/NZD looking for buyers across the board

EUR/NZD looking for buyers across the board

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.



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...


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