EUR/NZD Analysis

Market news

19 January 2018

EUR/NZD Analysis

On daily time frame chart, we can see that EUR/NZD has broken an important upside trend line and since the breakout it starts a new bearish movement.

At this moment, we can see that the price is correcting its last movement.

However, it can be interesting to short entries once the price starts to reject the fibonacci levels.

UK gilt futures gain more than 10 ticks to hit session high after weaker-than-expected retail sales data

UK retail sales down 1.5% in December

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