Mihai_Iacob

EurNzd- Could challenge 1.7 soon

Long
FX:EURNZD   Euro / New Zealand Dollar
After a month of accumulation and range trading, EurNzd has broken above 1.63 resistance, accelerated gains, and has passed also above the next important resistance around 1.66-1.6650 zone.
Now the pair took a break, is resting and we can have a new leg up pretty soon.
My next target for this bullish move is 1.7 and, as a buy zone, the old resistance, now support, between 1.66 and 1.6650 is ideal
I will remain strongly bullish as long as the price is above 1.65

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