EUR/NZD 1H Chart: Channel Up

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Dukascopy Bank SA
The Euro has been climbing against the New Zealand Dollar since November 7 when the pair hit a five-month low and started to form a channel up pattern that took the currency couple to a one-month high on November 27. Now the pair fluctuates not far away from the pattern's resistance but it is not likely to re-approach this line in the nearest future as the recent jump enfeebled EUR/NZD. Technical indicators also point to a decline in the short terms but send bullish and neutral signals for medium and long terms.
© Dukascopy Bank SA
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Thu, 28 Nov 2013 06:58:38 GMT

GBP/AUD 1H Chart: Channel Up

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