FX_IDC:EURNZD EURO / NEW ZEALAND DOLLAR
On the daily and weekly charts there are candles and crossing of stochastics. Similar to NZDCAD , EURNZD had an emotional response to the announcement of the NZ change because it matched expectations. Then it moved rationally, which is up because NZD is headed down faster than EUR. This created the candles. This "rational" movement (up for EURNZD ) is expected to be the primary continuing direction.