Thursday, October 15, 2026

Technicals

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EUR/NZD breaks major trend line resistance, targets 1.7260

EUR/NZD has made a low of 1.6876 (trend line joining 1.6389 and 1.6410) and recovered from that level. Any further weakness can be seen only below trend line 1.6875 and break below targets 1.6800/1.6745. The pair's minor…

By Lis Howell
1 min read
EUR/NZD breaks major trend line resistance, targets 1.7260
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  • EUR/NZD has made a low of 1.6876 (trend line joining 1.6389 and 1.6410) and recovered from that level.

  • Any further weakness can be seen only below trend line 1.6875 and break below targets  1.6800/1.6745.

  • The pair's minor resistance is around 1.7080 and break above targets 1.7161/1.7260/1.7350.

  • The minor support is around 1.6950.

It is good to buy at dips around 1.7070-75 with SL around 1.6955 for the TP of 1.7159/1.7260 (Short term trade)

 

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EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team