Categories: Technical analysis

EURNZD Wave Analysis – 2 September, 2021

• EURNZD falling inside minor wave (ii)

• Likely to reach support level 1.6640

EURNZD currency pair continues to fall inside the minor correction (ii), which started earlier from the resistance level 1,7100 (upper boundary of the sideways price range form April)

The active wave (ii) belongs to the higher-order upward impulse wave C from the start of August.

EURNZD can be expected to fall further toward the next support level 1.6640 (lower boundary of this price range). Expect upward correctioon from this level.

The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

Share
Published by
The FxPro News Team

Recent Posts

Gold shines on an anti-fiat thesis

The dollar suffered due to threats to the Fed’s independence. Gold managed to renew its…

4 hours ago

SP500 Current situation #trading #tradelikeapro #sp500 #tradingshorts #tradingstrategy

Today is Monday, the 12th of January, and once again we will talk about the…

5 hours ago

Crypto: sell-the-growth continues

Crypto markets remain volatile; Bitcoin faces selling pressure, XRP slips, Monero surges, and market signals…

6 hours ago

CHFJPY Wave Analysis – 9 January 2026

CHFJPY: ⬆️ Buy - CHFJPY reversed from support area - Likely to rise to resistance…

3 days ago

Exxon Mobil Wave Analysis – 9 January 2026

Exxon Mobil: ⬆️ Buy - Exxon Mobil reversed from support area - Likely to rise…

3 days ago

Pro News Weekly: Dollar Rebounds as Markets Test New Limits

Welcome to Pro News Weekly! Here’s what is shaping the markets: 💵 The U.S. dollar…

3 days ago

This website uses cookies