EURNZD - Intraday - We look to Sell a break of 1.6664 (stop at 1.6702)
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 1.6665 should result in a further move lower.
Short term MACD has turned negative.
Our profit targets will be 1.6564 and 1.6544
Resistance: 1.6730 / 1.6770 / 1.6800
Support: 1.6670 / 1.6640 / 1.6570
We are trading at overbought extremes.
A higher correction is expected.
A break of the recent low at 1.6665 should result in a further move lower.
Short term MACD has turned negative.
Our profit targets will be 1.6564 and 1.6544
Resistance: 1.6730 / 1.6770 / 1.6800
Support: 1.6670 / 1.6640 / 1.6570
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Related publications
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.