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EUR/NZD Signal - EUR Sentix Investor Confidence - 5 Jul 2021

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Signal Details
Entry Price: 
1.6885
Take Profit: 
1.6985
Stop Loss: 
1.6834
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURNZD has bounced from support prior to the EUR Sentix Investor Confidence, which measures the confidence that investors have in various European investments. Technically the pair has bounced from a key support zone and the RSI has generated an oversold signal. We anticipate continued upside into the 1.6985 level.

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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.