benny_marshall

EURNZD - MARKET SENTIMENT WITH TRADE IDEA

FX:EURNZD   Euro / New Zealand Dollar
#EURNZD

Currently, according to the CURRENTLY STRENGTH, the EUR is slightly UP. The reason is that ECB RATE HIKE SENTIMENT is PRICE. The ECB is getting HAWKISH. Also, the NZD is going up a bit more than the EUR right now. Due to OVERALL MARKET RISK OFF, NZD is going down because COMMODITIES are going down.. Due to this, EURNZD is going up.

EURNZD can go up to the resistance area before going down again. So keep an eye on it.

If any MARKET SENTIMENT changes, EURNZD can go up to 1.7177 LEVEL. After that, EURNZD can be SELL by BREAKING STRUCTURES and can SELL at 1.6100 LEVEL. So stay tuned for MARKET UPDATES.

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