- EUR/NZD has broken major trend line resistance 1.6860 and break above confirms short term bullishness, a jump till 1.7190 is possible.
- On the higher side any break above major resistance will take the pair to next level around 1.6935/1.7054/1.7190.
- The pair’s minor weakness can be seen only below 1.6780 and break below will take the pair till 1.6720/1.6670.
It is good to buy at dips around 1.6860-65 with SL around 1.6780 for the TP of 1.6980/1.7050
The material has been provided by InstaForex Company – www.instaforex.com