EUR/NZD - Weekly
EUR/NZD - 4 Hourly
Long-term we continue to look for more upside pressure towards 1.8437 and ideally closer to 1.9844 (Diamond and 50% corrective target).
Zooming in on the shorter time-frame, we need a clear break above resistance at 1.7100 to get the next "GO" for a rally towards 1.7536 and 1.7744 as the next larger targets on the way higher towards 1.8437.
R3: 1.7479
R2: 1.7249
R1: 1.7100
Pivot: 1.6986
S1: 1.6918
S2: 1.6827
S3: 1.6800
Trade recommendation:
We will buy EUR at 1.7000 or upon a break above 1.7100
