Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

EUR/NZD faces strong support around 1.7040, break below targets 1.6960

EUR/NZD has made a high of 1.71958 and declined from that level. It is currently trading at 1.7069. The pair is facing trend line support around 1.7040 (trend line joining 1.686 and 1.6976) and any break below targets 1.…

By Lis Howell
1 min read
EUR/NZD faces strong support around 1.7040, break below targets 1.6960
Image from the original EconoTimes article

Read the original article

  • EUR/NZD has made a high of 1.71958 and declined from that level. It is currently trading at 1.7069.

  • The pair is facing trend line support around 1.7040 (trend line joining 1.686 and 1.6976) and any break below targets 1.6960/1.6900/1.6860.

  • On the higher side major resistance is around 1.7120 and any break above targets 1.7190/1.7230.

It is good to sell on rallies around 1.7060-70 with SL around 1.7125 for TP of 1.6965/1.6900 

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

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