EURNZD - MARKET SENTIMENT WITH TRADE IDEA
#EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now. NZD is becoming WEAK because COMMODITIES are down due to MARKET RISK OFF..
Therefore, EURNZD can definitely go UP to the RESISTANCE AREA of this CHANNEL before going DOWN again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL until the 1.6330 LEVEL. And before SELL, EURNZD can be BUY at 1.7159 LEVEL. So stay tuned for MARKET UPDATES.
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now. NZD is becoming WEAK because COMMODITIES are down due to MARKET RISK OFF..
Therefore, EURNZD can definitely go UP to the RESISTANCE AREA of this CHANNEL before going DOWN again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL until the 1.6330 LEVEL. And before SELL, EURNZD can be BUY at 1.7159 LEVEL. So stay tuned for MARKET UPDATES.
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