EUR/NZD rose higher on last week as global growth and lock down concerns in china weighed on riskier currencies like kiwi dollar.
• G-20 meetings later this week and comments from Fed and ECB chiefs are the main focus along with updates from Ukraine.
• EUR/NZD climbs above 1.6000 and holds near the day's high late US session. The pair hit daily high at 1.6400.
• Technical signals are berarish as RSI is at 61, daily momentum studies
• Immediate resistance is located at 1.6500 ( Daily high at 50. 0%fib)
Recommendation: Good to sell around 1.6500, with stop loss of 1.6800 and target price of 1.5700
• G-20 meetings later this week and comments from Fed and ECB chiefs are the main focus along with updates from Ukraine.
• EUR/NZD climbs above 1.6000 and holds near the day's high late US session. The pair hit daily high at 1.6400.
• Technical signals are berarish as RSI is at 61, daily momentum studies
• Immediate resistance is located at 1.6500 ( Daily high at 50. 0%fib)
Recommendation: Good to sell around 1.6500, with stop loss of 1.6800 and target price of 1.5700
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.