Which way is it going EURNZD?
As you can see, in the daily time frame, the price is on a downward trend and channel,We have seen a weakening of buyers of the euro against the New Zealand dollar in recent days.
That's why the price, which has once again reached the ceiling of the channel, we are witnessing stronger sales than the ceiling of the channel.
Therefore,According to Bank of New Zealand meetings this week if monetary policy does not change and The weakness of buyers over the past few days and the resurgence of sellers is expected to continue the next move to the bottom of the channel.
As you can see, in the daily time frame, the price is on a downward trend and channel,We have seen a weakening of buyers of the euro against the New Zealand dollar in recent days.
That's why the price, which has once again reached the ceiling of the channel, we are witnessing stronger sales than the ceiling of the channel.
Therefore,According to Bank of New Zealand meetings this week if monetary policy does not change and The weakness of buyers over the past few days and the resurgence of sellers is expected to continue the next move to the bottom of the channel.