EURNZD Technical Analysis: Weekly Chart
In the daily charts, EURNZD is trading in a down 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 1.6336 & the resistance level is at 1.7017.
EURNZD will trade in the down channel until there is trend reversal.
EURNZD Technical Analysis: Daily Chart
In the daily charts, EURNZD was trading in a up channel. EURNZD is currently trading above all SMA.
RSI is in the overbought zone which indicates mild bearishness. MACD is currently above zero which indicates bullishness.
Its immediate support is 1.6529 & the resistance level is at 1.6834.
EURNZD was trading in the up channel before there is breakout upside.
How to Trade EURNZD this Week:
EURNZD will follow the uptrend until their trend reversal. So, remain bullish on EURNZD.
