EUR/NZD Approaching 1.8000 After Strong Bullish Move from 1.7650
The EUR/NZD currency pair is going up, moving from 1.7650 and getting close to 1.8000. This rise shows that the Euro is gaining strength against the New Zealand Dollar. If the trend continues, it might break through the 1.8000 level, leading to more gains. Keep an eye on the market to see if this upward trend continues.
Note
The EUR/NZD is moving as we expected. It reached 1.7986, missing our target by 14 pips, and then dropped to 1.7954. We still think it will hit our target, and there’s a chance it could break through the resistance and go even higher.Trade closed: target reached
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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.