- Details
- Written by Sywa Sywa
- Last Updated: 08 September 2021 08 September 2021
- Created: 07 September 2021 07 September 2021
EUR NZD pair has been ranging for several month from March 2021, in the weekly chart above we can see currently the price is at the bottom of the range, and if We trade according to this weekly chart setup, than there is high probability the price will go Up soon.
Trading Position : BullishTrading
Target: 1.69893
Current week is full with Central Bank monetary decision :
- RBA interest rate on Tuesday, 07 - Sept - 2021
- BoC Interest Rate decision on Wednesday, 08 - Sept - 2021
- ECB Interest Rate on Thursday, 09 - Sept - 2021
Because AUD and NZD are positive correlated currency, the affect after RBA Interest Rate decision not only affecting Australian Dollar but will also affect NZD.
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