EURNZD is nearing the weekly up trend line. And we are at a resistance area on the daily. Technicals are all pointing to the north side and NZD is losing it's strength.
I am currently in a buy and will be adding another at the up trend line. Expect this to climb upwards towards 1.7950 area.
This pair is moving slowly but patience will pay out.
1. RSI in buy 2. Strong up trend line as support. 3. Strong Support area at current price.
Good luck and let me know if there are any questions.
Charles V CVFX Management Trading made Simple Oct: +30% growth
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.