EURNZD is in the overbought zone
Technical analysis of EURNZD
USD/CHF: price to test the Moving Averages
Information is not investment advice
There's a bearish 'Engulfing', which has been confirmed. Also, the pair fixated below the 'Window', so we should watch the nearest support at 0.9936 and the Moving Averages as an intraday target. If a pullback from these levels happens next, there'll be a moment to have another upward price movement towards the closest resistance at 1.0166.
Galya Svetlova
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