– EURNZD reversed from long-term resistance level 1.8495
– Likely to fall to support level 1.8200
EURNZD currency pair recently reversed down from the major long-term resistance level 1.8495, which has been reversing the price from the middle of 2023, as can be seen below.
If the pair closes today near the current levels it will form the weekly Japanese candlesticks reversal pattern Shooting Star – a strong sell signal for this currency pair.
Given the strength of the resistance level 1.8495 and the bearish euro sentiment seen today, EURNZD currency pair can be expected to fall to the next support level 1.8200.
• EURUSD falls due to geopolitics and expectations of tariff removal • Gold returns to…
Platinum: ⬇️ Sell - Platinum reversed from pivotal resistance level 150.00 - Likely to fall to…
Baidu: ⬇️ Sell - Baidu reversed from resistance zone - Likely to fall to support level…
EURUSD: ⬇️ Sell - EURUSD broke daily up channel - Likely to fall to support…
WTI crude oil: ⬆️ Buy - WTI crude oil reversed from support zone - Likely…
Positive macro statistics for the US are helping the greenback. Gold could rise to $4,610…
This website uses cookies