EURNZD At Bearish Breaking Point After Hawkish RBNZ
EURNZD is moving nicely down this week after RBNZ announced that they may lift rates next year, or maybe even at the end of 2021! As such, NZD is strong across the baord with EURNZD pair now sitting on a corrective channel line where we favour a breakdown as intraday weakness looks impulsive. On a higher time frame, there is interesting trendline coming in around 1.61.
BLACK FRIDAY DISCOUNT -30%
CODE: bf30
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
CODE: bf30
👉wavetraders.com/elliott-wave-plans/
Learn Elliott Waves
👉 wavetraders.com/academy/
Newsletter Sign up
👉 bit.ly/3FVPVzO
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.