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EURNZD: RESISTANCE RE-TESTING ZONE-CHANCE FOR A RETRIEVE.

 

 

The pair EURNZD witnessed a resistance-confluence 1.7465-1.7488, comprising DEC high. However, pullback towards to 1.72300 turned back to the top; its further upside can be tested by the downward slanting.

The price range has one more chance to get the reversal a broke could quickly drag the quotes to 1.71850. In case the pair continues declining below the 1.6980 rest-point, the 1.6820 and the 1.6750 are likely numbers to appear on the chart.

Negatively, the 1.7400 can offer immediate resistances to the pair before highlighting the break-up zone.

 

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13 Aug 2018 11:58 am Posted by tamilforex

 
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