lukanos

EUR/NZD on previous daily high and strong resistance

Viés de baixa
OANDA:EURNZD   Euro / Dólar Neo-zelandês
As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for concern as the nation shifts away from export led growth, weakness in the Euro-Zone may cap any significant reversal.

EUR/NZD makes a double top on strong resistance and If it breaks it we can expect the trend reversal.
I expect that resistance will hold and pair will go back to previous daily low at 1.68760.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.