This could be a setup to go LONG on the EURNZD. The 0.236 fibonacci has been acting as great support. With New Zealand unemployment going up and the RBNZ meeting on Tuesday. more dovish tone could help boost this trade.
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.