Get started
traderpulse

EUR/NZD Technical Analysis

Long
Euro / New Zealand Dollar (OANDA:EURNZD)  
traderpulse  
OANDA:EURNZD   Euro / New Zealand Dollar
Trend Analysis EURNZD eurnzdlong eurnzdanalysis eurnzdshort eurnzdforecast eurnzdbuy eurnzdsetup eurnzdbullish
0
0
trendanalysis eurnzd eurnzdlong eurnzdanalysis eurnzdshort eurnzdforecast eurnzdbuy eurnzdsetup eurnzdbullish

The counter was in a strong downtrend and it broke long-term support at 1.71435.
Unable to sustain the breakdown, it has recovered with a V-shape rally.
We expect a short-covering rally in the counter.
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.