AUD,NZD/EUR crosses/EUR/USD/FXWW News/Technical Analysis

EUR/NZD: Nice technical set-up for extended range play

Have a look at the EUR/NZD weeklies (see chart) with a very nice technical set-up with myriads of possibilities.

The most obvious one is that a top is in place near 1.7100 and the target is a minimum 1.6350 (currently 1.6700).

Play the edges of this range over coming weeks and there could be some excellent trading opportunities.

  1. Yes Gus, don’t touch it, which is a pity as I’ve been picking the AUD/NZD really well. No matter, it’s beaten me up so many times that I’ve given up trying.

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