歐元 / 紐元
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EURNZD: Interesting weekly uptrend potential

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EURNZD is an interesting pair here, with NZDUSD very overextended, and EURUSD in a monthly rally, it becomes a low risk trade opportunity for the technical trader. Fundamentals imply weakness in the dollar, and it might be a good idea to consider seeking to profit from the imbalance between certain currencies, trading cross pairs that are over extended.

Best of luck,

Ivan Labrie.
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If still in, consider banking it. Gold might strengthen the Kiwi, making this pair stop trending.

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