EUR/NZD Weekly Value Chart DEC 2017- DEC 2019On Oct 18, uptrend transfer led EUR/NZD to a multi- yr excessive at 1.7929. On Oct o
EUR/NZD Weekly Value Chart DEC 2017- DEC 2019
On Oct 18, uptrend transfer led EUR/NZD to a multi- yr excessive at 1.7929. On Oct of this yr the value rallied once more. Nevertheless, the pair has not been capable of push in the direction of the earlier peak highlighting much less consumers had been prepared to affix the market.
At present, the value exams the uptrend line originated from the Feb 6 low at 1.4535. A bearish sign could possibly be generated from a detailed under the uptrend line for 2 consecutive weeks. This might lead the value in the direction of 1.5905.
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Written By: Mahmoud Alkudsi
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