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KeytoMarkets

EURNZD: Descending Triangle

Euro / New Zealand Dollar (FX:EURNZD)  
KeytoMarkets  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
The level to watch in EURZND is 1.7110 rounded to 1.7100. Ahead of the data risk, the price likely to remains between 1.7100-1.7200. Until the 1.7100 level holds, a corrective rally could trigger to 1.7190-1.7200 above these 1.7260, and 1.7300 exists.
The flip side, breaking below 1.7100 the initial target is 1.7010.
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