| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Sell |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇒ |
The common European currency surged by 1.78% against the New Zealand Dollar last week. The currency pair tested the 1.7030 level during last week's trading sessions.
All things being equal, the exchange rate could continue to trend bullish during the following trading sessions. The potential target for bullish traders will be near the 1.7200 area.
However, the weekly resistance level at 1.7101 could provide resistance for the EUR/NZD currency exchange rate within this week's trading sessions.