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EUR/NZD - EUR Consumer Price Index - 31 Mar 2021

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Signal Details
Entry Price: 
1.6770
Take Profit: 
1.6888
Stop Loss: 
1.6666
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURNZD Has traded into the fibonacci 50% level prior to the EUR Consumer Price Index data, which measures the change in price for a range of goods and services to measure inflation. Technically the PPO has given a bullish cross and is at the 50% fibonacci support.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.