EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/NZD rising inside minor impulse wave (iii)
2019-11-11 • Updated
- EUR/NZD rising inside minor impulse wave (iii)
- Next buy target - 1.7480
EUR/NZD continues to rise inside the minor impulse wave (iii), which started recently from the support zone lying between the pivotal support level 1.7200 (former resistance from July), 50-day moving average and 61.8% Fibonacci correction of the previous sharp upward impulse from July. EUR/NZD is expected to rise further toward the next buy target at the next resistance level 1.7480 (top of the previous impulse wave (i)).
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