Johanes

JLS: EURNZD Heading 1.7900 in Short Term

Long
FX_IDC:EURNZD   Euro / New Zealand Dollar
The EURNZD is projected for heading 1.7900 from 1.7100 in short term of her 1.6300-1.7900 medium term target zone. Targeting the 800 PIPs in short term is feasible despite with high rollover fee charges. Price movement however could be slower due to continuing pressure on EURUSD and the slower rate of NZDUSD to downward to her lower ceiling.
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.