EUR/NZD Analysis

Market news

22 February 2018

EUR/NZD Analysis

EUR/NZD has been forming a downside trend line for a while on 4 hour time frame chart.

We can see that the price is showing some difficulty in breakthrough the zone where it is at this moment.

However, it might be interesting go short in this pair once it breaks below that zone.

European stocks closed: FTSE 100 -29.18 7252.39 -0.40% DAX -8.58 12461.91 -0.07% CAC 40 +7.06 5309.23 +0.13%

U.S.: Crude Oil Inventories, February -1.616 (forecast 1.795)

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