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EUR/NZD H8 Analysis
Euro / New Zealand Dollar
EUR/NZD H8 Analysis
By FusionMarkets
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Jan 5
1
Jan 5
Price is moving within a bullish, parallel channel and has double topped at channel resistance around the 1.85 big number.
At the end of the last trading week, price broke and closed below the neckline (support) at 1.84
As price retests the level, we wait to see if further selling takes place.
Potential final target for sells is the bottom of the channel.
Technical Indicators
Trend Analysis
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