EurNzd could rise to 1.85

2024年12月17日

On October 1st, EUR/NZD reached a local low at the psychological level of 1.75, followed by a reversal that lasted until November 1st, gaining nearly 1300 pips.
A normal correction then occurred, and from mid-November, the pair started consolidating between the 1.78 and 1.80 levels.

December brought a breakout above the key 1.80 level, and since then, EUR/NZD has been in a nice uptrend.
As of now, the price is 1.8230, and it looks like a breakout above resistance is imminent.

In this scenario, the next target for the bulls is the 1.85 level.

2024年12月18日

交易开始

EurNzd broke up as expected and reached a local high above 1.83
Now the pair is correcting and this could be an opportunity to buy on dips
1.8230-1.8250 should provide support

2024年12月27日

交易结束：到达目标

1.85 target hit