FxWirePro
Short

Chart Breakout: EUR/NZD breaks 1.6375, sell on rallies

FX:EURNZD   Euro Fx/New Zealand Dollar
188 0 3
Break out level- 1.6375 ( trend line joining 1.6213 and 1.6320)

The pair has broken a major support 1.6375 and declined till 1.63469. It is currently trading at 1.63580.

Any break below trend line support confirms short term weakness, a decline till 1.6300/1.6240 is possible

On the higher side the resistance is around 1.6400 and break above will take the pair to new level around 1.6450/1.6500.

The minor resistance is around 1.6380.

Overall trend reversal only above 1.6550

It is good to sell on rallies around 1.6380 with SL around 1.6406 for the TP of 1.6300/1.6245
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out