DirtyBoss

EURNZD Analysis: In Range Mode

FX:EURNZD   Euro / New Zealand Dollar
2
Hello traders, i have been looking at this EURNZD pair. It has been in a sharp uptrend for a while, but at the moment it looks like its losing a bit of strength and RSI is showing negative divergence.. Maybe the price may look to retrace or range with that box and maybe even break the trendline to the downside or seek support on it and mover further forward going to have to see how this unfolds.

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.