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June 03, 2021 at 04:14PM
• EURNZD rising inside minor impulse wave 3
• Likely to rise to resistance level 1.7030
EURNZD currency pair continues to rise inside the minor impulse wave 3, which started earlier from the support level 1.6670, which has been reversing the pair from the start of April – strengthened by the lower daily Bollinger Band.
The active impulse wave 3 bellows to the intermediate impulse sequence (C) from the start of May.
EURNZD currency pair can then be expected to rise further toward the next resistance level 1.7030 (which has been reversing the pair from January).
From: The FxPro News Team https://fxpro.news/technical-analysis/eurnzd-wave-analysis-3-june-2021-20210603/
Selected by fonecable.com
Search Web: EURNZD Wave Analysis – 3 June, 2021
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