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January 25, 2021 at 04:01PM
• EURNZD approaching key support level 1.6810
• Likely to rise to resistance level 1.6960
EURNZD is currently approaching the key support level 1.68100 (which stopped the previous wave B at the start of January as can be seen below).
The pair is currently moving inside the minor impulse wave (i) – which started earlier from the aforementioned support level 1.68100.
EURNZD is expected to reach the support level 1.6810 and then reverse up toward the next resistance level 1.6960.
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/eurnzd-wave-analysis-25-january-2021-20210125/
Selected by fonecable.com
Search Web: EURNZD Wave Analysis 25 January, 2021
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