EUR/NZD – Currency exchange rate forecast 19.06.2019: as long as 1.7137 is support look for 1.7282

EUR/NZD - Currency exchange rate forecast 19.06.2019: as long as 1.7137 is support look for 1.7282

Our preference: as long as 1.7137 is support look for 1.7282.

Our pivot point is at 1.7137.

Our preference: as long as 1.7137 is support look for 1.7282.

Alternative scenario: below 1.7137, expect 1.7082 and 1.7050.

Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.7182 and 1.7162).

Supports and resistances:

1.7347 **

1.7314 *

1.7282 **

1.7249

1.7183 last

1.7159

1.7137 **

1.7082 *

1.7050 **

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