EURNZD


EURNZD is currently rallying around 1.78545. On the Daily Chart , the previous candle closed below the previous 52 Period Exponential Moving Average. This is a possible Indication that we are in an active Down trend . EURNZD is currently in a range, not going above the previous day's highest high 1.7934,or the previous day's lowest low 1.78323. If the price breaks above 1.7934 then we will consider a long term buy with our target at 1.47955. And on the flipside, a sustained move below 1.7934 will attract sellers with an ideal target around 1.45283