WaveRidr

EURNZD - Strong vs Weak - Long

Long
FX:EURNZD   Euro / Dollaro neozelandese
Long EURNZD the euro crosses are all down a little at the moment and this one offers some potential, the 3 waves down is not as clear as i would like but the NZD has been the weakest currency for a few weeks and the prospect of taking the Euro against it is really interesting. The daily chart is clearly bullish and likely to head to 1.70 inn the remainder of this year with the current movement likely to reach 1.63 before a pullback.
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