EUR/NZD – Currency exchange rate forecast 03.07.2019: rebound towards 1.6930

EUR/NZD - Currency exchange rate forecast 03.07.2019: rebound towards 1.6930

Our preference: rebound towards 1.6930.

Our pivot point stands at 1.6783.

Our preference: rebound towards 1.6930.

Alternative scenario: below 1.6783, expect 1.6729 and 1.6698.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair stands below its 20 and 50 MAs (respectively at 1.6844 and 1.6879).

Supports and resistances:

1.6993 **

1.6962 *

1.6930 **

1.6898

1.6832 last

1.6804

1.6783 **

1.6729 *

1.6698 **

Leave a comment

Your email address will not be published. Required fields are marked *