Categories: Technical analysis

EURNZD Wave Analysis – 9 September 2025

EURNZD: ⬇️ Sell

– EURNZD broke daily up channel

– Likely to fall to support level 1.9660

EURNZD currency pair recently reversed down from the resistance area between the round resistance level 2.0000 (former powerful resistance from April) and the upper daily Bollinger Band.

The downward reversal from this resistance area started active short-term impulse wave c, which then broke the daily up channel from July.

EURNZD currency pair can be expected to fall toward the next support level 1.9660 (former resistance from July and the start of August).

The FxPro Tech Analysis Team

The FxPro technical experts prepare a daily analysis of the most active currency pairs (majors, crosses, exotics) and commodities. Selected instruments are reviewed on daily trends (D1, H4), using the active Elliott Wave setups, Japanese candlesticks, indicators, and support/resistance levels.

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The FxPro Tech Analysis Team
Tags: EURNZD

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