Eur/nzd

[junaid1001]

We did not see a break above resistance at 1.6155 and as support at 1.6075 was taken out, that raises the risk of an even deeper correction towards 1.5962 and possibly even 1.5922 before the next rally higher can be expected.

 

[junaid1001]

The EURNZD break below 1.5780 yesterday, Indicators provide the buy signal and i think price will be bullish up to level 1.5977, and today's support and resistance levels are :
S1: 1.5811
R1: 1.5869
S2: 1.5771
R2: 1.5908
S3: 1.5703
R3: 1.5964

 

[rupontis]

iS it now out of range.?