Euro-NZD Weekly Technical Analysis

Euro New Zealand pair on the daily chart, as shown in the diagram, rose strongly, and hit the top side of the rising channel, but it was not able to close above it with any chart.

We have to wait today and complete the daily notes below the rib. The sale will be good, while maintaining an appropriate stop loss, which will be somewhat large given the length of the daily candle today 9-3-2020.

The last selling target is the point of purchase 1.7180, which is a previously broken level that has not been tested and supported by the main bullish channel, with the necessity of maintaining a suitable stop for the deal. As for the technical stop, is the closing and breaking the channel down.

In general: the pair is for sale as long as the prices enter the channel