EUR/NZD is in correction phase on weekly chart and on monthly chart. I expect it to bounce back after some more correction. As overall economic growth is picking up in Euro zone area as we can conclude this from recently published GDP numbers of various economies in Euro zone. And it will get benefit of NZD's weakness.
Technical indicators. Trend Lines, Commodity Channel Index, Ichimoku Cloud.
Charts: Weekly and Monthly
Weekly chart.
1. It is falling after touching 1.746 level.
2. CCI is headed …
Technical indicators. Trend Lines, Commodity Channel Index, Ichimoku Cloud.
Charts: Weekly and Monthly
Weekly chart.
1. It is falling after touching 1.746 level.
2. CCI is headed …