Currency Trading – EURNZD Price Technical Analysis and News – CSFX

Currency Trading – EURNZD Price Technical Analysis and News – CSFX

EURNZD Future Technical Analysis

EURNZD Technical Analysis: Weekly Chart

In the weekly charts, EURNZD is trading in an up channel. EURNZD is currently trading above 20 and 50 days SMA & below 100 days SMA.

RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 1.6388 & the resistance level is at 1.6808.

EURNZD will trade in the up channel until there is trend reversal.

EURNZD Technical Analysis: Daily Chart

In the daily charts, EURNZD is trading in an up channel. EURNZD is currently trading above all SMA.

RSI is in the selling zone which indicates bearishness. MACD is currently above zero which indicates bullishness.

Its immediate support is 1.6535 & the resistance level is at 1.6794.

EURNZD will trade in the up channel until there is trend reversal. 

How to Trade EURNZD this Week:

EURNZD will follow the uptrend until their trend reversal. So, remain bullish on EURNZD.

TRADE SUGGESTION- BUY AT 1.6654, TAKE PROFIT AT 1.6794 AND STOP LOSS AT 1.6535

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