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EUR/NZD reached buy target 1.6620

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  • EUR/NZD reached buy target 1.6620
  • Next buy target - 1.7000

EUR/NZD continues to advance after the earlier breakout of the key resistance level 1.6620 (which stopped the earlier previous upward impulse wave at the start of September and which was set as the buy target in our earlier forecast for this currency pair). The breakout of the resistance level 1.6620 should accelerate the active intermediate impulse wave (3) from the end of September. EUR/NZD is expected to rise to the next buy target at the next resistance level 1.7000.

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