EUR/NZD analysis

[Billy Jury]

The EURNZD market is at the nadir of Bollinger bands and it means that a buy signal is coming to the buyers indeed. 1.6828 is a strong support point so buyers should put an entry at 1.6846 and the target point is at 1.6939.

 

[BillyR]

The euro is having an interesting activity, not only in this pair, but also with other currencies, for example now euro to dkk at 7.4486