 |
| EUR/NZD |
Technical Analysis :
The primary trend of EUR/NZD is bullish but from the past few trading
sessions, prices are no more sustaining at higher levels &
looking weak for the upcoming sessions. The pair is consolidating
with strong negative bias to give a breakout at downside. Prices are
also taking support at the important level of 1.5025. Today if the
pair breaks its support level & managed to sustain below it, then
we can expect it to test the level of 1.4960/1.4910 in today's
session.
INDICATORS
MACD is sustaining in selling territory, indicating the
upcoming bearish trend in the pair.
 |
| EUR/NZD Technical Chart |
STRATEGY :-
EUR/NZD
is looking further bearish on charts. One can go for sell on higher
level strategy for this pair for intra day to mid term positions.
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