EURNZD has broken a long term resistance level at 1.75000
50 EMA has been below the 100 EMA since August 2011, but it now seems like it is crossing above again.
I therefore see potential in buying a pullback to the previous resistance which would then act as support.
50 EMA has been below the 100 EMA since August 2011, but it now seems like it is crossing above again.
I therefore see potential in buying a pullback to the previous resistance which would then act as support.
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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.