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Euro / New Zealand Dollar
Long

EURNZD Bounced Off Support, Potential Further Rise

1 805
EURNZD bounced nicely off its support at 1.6721 (100% Fibonacci extension , 38.2% Fibonacci retracement , horizontal swing low support) where it could potentially bounce to its resistance at 1.6818 (76.4% Fibonacci retracement , horizontal swing high resistance).
RSI (34) bounced off its support where a corresponding rise could occur.
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:
Chart PatternsEUREURNZDeurnzdlongeurnzdshortForexforexsignalforextradingHarmonic PatternsNZDTrend Analysis

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.
Chart PatternsEUREURNZDeurnzdlongeurnzdshortForexforexsignalforextradingHarmonic PatternsNZDTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Also on:

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.