Euro / New Zealand Dollar
Short

EUR/NZD on a 1-hour timeframe

228
The price has reached The 1D-FVG (1-Day Fair Value Gap) and is showing signs of rejection.

The current price is around 1.80040-1.79935, which is slightly below the resistance zone.

The blue highlighted area around the 1.7800 level represents a strong support zone.

The projection indicates a potential bearish move from the current price level down to the support zone around 1.7800.

The primary target is around the 1.7800 level.


Disclaimer

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.