EURNZD: Kiwi weakness, gives LONG opportunity
Fundamental:
Kiwi economic data has been disappointing and few last week
Immigration, housing and monetary policy for NZ is pressuring the Kiwi
EUROZONE economic data was healthy in spite of ECB dovishness
Technical:
Pair is in 10 months upward channel
The price also recently bro 1 year high and we will watch price action to continue the bullishness
Kiwi economic data has been disappointing and few last week
Immigration, housing and monetary policy for NZ is pressuring the Kiwi
EUROZONE economic data was healthy in spite of ECB dovishness
Technical:
Pair is in 10 months upward channel
The price also recently bro 1 year high and we will watch price action to continue the bullishness
Trade closed: stop reached
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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.
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.