EUR NZD Overview

This week’s calendar is rather empty, so luckily, we can focus more on technical analysis. EURUSD is suffering losses after creating a false breakout pattern above the 1.2520 resistance. This sparked a bearish movement with a potential target on the mid-term upwards trend line. EURNZD is very close....

Downswing on the EUR accelerated a little bit after the first two days of this week. On many pairs with the EUR we have weekly lows and we are entering some mid-term bearish sentiment. With those movements we can see few interesting occasions, especially on the pairs with the AUD and NZD. First, we....