NZDEUR NEW ZEALAND DOLLAR/EURO Approaching a key resistant point
NZDEUR is currently approaching resistance at 0.5850 a critical price point which might determine the short to medium term price direction.
A break above 0.5850 could see prices continue to its next target at around 0.5890 If unsuccessful then we might have an opportunity to take a short position with a target price around 0.5805
A break above 0.5850 could see prices continue to its next target at around 0.5890 If unsuccessful then we might have an opportunity to take a short position with a target price around 0.5805