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Euro / New Zealand Dollar
Short

EURNZD November 24 2021

By xforexnews
Hi, Ethan here. I'm going to analyze EUR against the New Zealand Dollar. Given the raised interest rates up to 0.25% according to market expectation, New Zealand Dollar gets under pressure. I think there are a lot of bullish drivers for the New Zealand Dollar, and this decline in NZD is an opportunity for the long side. so, we can sell EUR/NZD at this level, with the stop at 1.5366 and the target at 1.5301
EUREURNZDeurnzdshortFundamental AnalysisNZDrbnzTrend Analysis
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