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2 Oct 2013
EUR/NZD spikes to 1.6495
FXstreet.com (Chicago) - EUR/NZD peaked to 1.6495 on kiwi’s weakness the second day of the month. The pair remains retraces minimally but remains above the 1.6450 zone.
EUR/NZD Technical Levels
Technically speaking, the pair is offered at 1.6452 and oscillates between supports aligned at 1.6417 (September 27th highs), 1.6369 (September 13th highs) ahead of 1.6325 (September 24th highs) and the resistances set at 1.6492 (September 11th highs), 1.6567 (September 8th highs) followed by 1.6681 (August 12th highs). According to the FXstreet.com trend index, the pair is reported as slightly bullish above the EMA20. Supported by long and medium term trends, the pair faces and targets resistance at 1.65.
EUR/NZD Technical Levels
Technically speaking, the pair is offered at 1.6452 and oscillates between supports aligned at 1.6417 (September 27th highs), 1.6369 (September 13th highs) ahead of 1.6325 (September 24th highs) and the resistances set at 1.6492 (September 11th highs), 1.6567 (September 8th highs) followed by 1.6681 (August 12th highs). According to the FXstreet.com trend index, the pair is reported as slightly bullish above the EMA20. Supported by long and medium term trends, the pair faces and targets resistance at 1.65.