OANDA

To trade a EURNZD range.

OANDA:EURNZD   Euro / New Zealand Dollar
EURNZD - Expiry 9PM UK time - We look to Buy at 1.6782 (stop at 1.6745)

Intraday dips continue to attract buyers and there is no clear indication that this sequence for trading is coming to an end.
50 4hour EMA is at 1.6767.
Our short term bias remains positive.
We look to buy dips.

Our profit targets will be 1.6873 and 1.6893

Resistance: 1.6870 / 1.6900 / 1.6930
Support: 1.6830 / 1.6800 / 1.6770

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The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.

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