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Mihai_Iacob

EurNzd can rise to 1.7 in medium term

Long
Euro / New Zealand Dollar (FX:EURNZD)  
Mihai_Iacob Updated   
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators EURNZD eurnzdanalysis eurnzdforecast forexsignals forexanalysis signals signalservice signaprovider
11
16
trendanalysis chartpattern indicator eurnzd eurnzdanalysis eurnzdforecast forexsignals forexanalysis signals signalservice signaprovider
After the double bottom at 1.56 and a first leg up towards 1.7, EurNzd corrected and has made a higher low around 1.58.
Now the pair is facing resistance at 1.63 and a break here could announce a new leg up towards 1.7
I'm bullish on this pair as long as 1.6 is intact
Comment:
And up we broke
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