• EURNZD broke daily down channel
• Likely to rise to resistance level 1.6345
EURNZD recently broke the resistance trendline of the daily down channel, inside which the pair has been falling from July.
The breakout of this down channel accelerated the active short-term correction (ii) – which belongs to the sharp downward impulse wave C from June.
Given the bullish euro sentiment – EURNZD can be expected to rise further toward the next resistance level 1.6345 (target for the completion of the active short-term correction (ii)).
Today is Monday, December 15th, and we're going to talk about the Japanese yen, where…
Trump pushes for more Fed rate cuts, while no changes are expected from the ECB…
Crypto market stays near $3T amid correction, ETF inflows rise, sentiment weakens, and volatility expected…
Gold: ⬇️ Sell - Gold reversed from strong resistance level 4350.00 - Likely to fall to…
EURGBP: ⬆️ Buy - EURGBP reversed from support zone - Likely to rise to resistance level…
Filecoin: ⬇️ Sell - Filecoin broke key support level 1.435 - Likely to fall to support…
This website uses cookies