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EUR/NZD technical bias suggests up trend

Pair maintains elevated stance above 1.61 as strong uptrend continues NZD recovery not expected any time soon after RBNZ cut rates last week Pair broke above 61.8 Fibonacci 1.5967 Thursday (1.7267-1.3865)

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EUR/NZD technical bias suggests up trend
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  • Pair maintains elevated stance above 1.61 as strong uptrend continues

  • NZD recovery not expected any time soon after RBNZ cut rates last week

  • Pair broke above 61.8 Fibonacci 1.5967 Thursday (1.7267-1.3865)

 

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