FOREX PAIR: EURNZD PRICE CHART, ANALYSIS AND TRADING TIPS

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EURNZD TECHNICAL ANALYSIS: WEEKLY CHART

In the daily charts, EURNZD is trading in a down channel. EURNZD is currently trading above 20 and 50 days SMA & below 100 days SMA.

RSI is in the selling zone which indicates bearishness. MACD is currently below zero which indicates bearishness.

Its immediate support is 1.6336 & the resistance level is at 1.7017.

EURNZD will trade in the down channel until there is trend reversal.

EURNZD TECHNICAL ANALYSIS: DAILY CHART

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