EURNZD is trending to the downside prior to the EUR Retail Sales data, which shows the total receipts for retail stores in the Eurozone. Technically the pair is below trendline resistance, and the RSI is at bearish levels. We anticipate continued downside into the 1.6567 level.
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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.