EURNZD: Looking to buy dips

EURNZD

Intraday - We look to Buy at 1.6832 (stop at 1.6798)

Price action has broken from the previous formation. There is no clear indication that the upward move is coming to an end. We look to buy dips. 20 4hour EMA is at 1.6830. We are trading at overbought extremes.

Our profit targets will be 1.6926 and 1.6946

Resistance: 1.6920 / 1.6950 / 1.7000
Support: 1.6870 / 1.6830 / 1.6800

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Chart PatternsdipbuyingEUREURNZDeurnzdlongTechnical IndicatorsNZDTrend Analysis

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