EUR/NZD V NZD/USD: Levels, Ranges, Targets

 

EUR/NZD break point for lower to target first 1.7047 then 1.6958 is located at 1.7127. A break lower at 1.7210 then comes the challenge to the 1.7127 break point. EUR/NZD rallies are targeted and meant to be sold especially at 1.7409 factored from the 1.7332 close.

The driver to lower EUR/NZD is deeply oversold NZD/USD. NZD/USD’s main break point for higher prices is located at 0.6852 and 0.6778. Higher above 0.6852 and the target location is 0.6963. NZD/USD break point at 0.6852 coincides to EUR/NZD at 1.7127 break and 1.7047 as first target. EUR/NZD at 1.6958 coincides to NZD/USD 0.6963. Over weeks and months,

Overall NZD/USD higher potential is quite astounding at 400 pips to the 0.6963 location but this is where NZD/USD targets and this is where its going. While EUR/NZD targets lower and sell rallies on a short only strategy, NZD/USD targets higher and buy drops on a long only strategy.

For the week, EUR/NZD targets lower at 1.7240 and caution at the main shortest break point at 1.7210. NZD/USD from its 0.6568 close targets first 0.6705 then 0.6778.

 

My trusted friend,  exquisite top brand name Watches, , Pocket Watches, Rings, luxurious, please have a look, Brian Twomey

 

Brian Twomey

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4 thoughts on “EUR/NZD V NZD/USD: Levels, Ranges, Targets

  1. at last

    Hi Brian

    Ive been trying to find a link / entry form to your subscription service for FX , with no luck can you email a form or something so I can get started. love your tweets and hopefully I can start to learn from you & get on some of the PIPS you keep pointing out.

    Many Thanks

    Colin Redman

    On 12 August 2018 at 22:57, BRIAN TWOMEY ON TRADING wrote:

    > twbrian posted: ” EUR/NZD break point for lower to target first 1.7047 > then 1.6958 is located at 1.7127. A break lower at 1.7210 then comes the > challenge to the 1.7127 break point. EUR/NZD rallies are targeted and meant > to be sold especially at 1.7409 factored fr” >

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