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GBPJPY Breaks Resistance – Forecast for March 5, 2025

The GBPJPY currency pair experienced a strong bullish rally on Tuesday, breaking through the bearish channel's resistance at 190.55. This breakout led to significant...
HomeCurrenciesEURNZD Continues Bullish Momentum – Forecast for January 22, 2025

EURNZD Continues Bullish Momentum – Forecast for January 22, 2025

The EURNZD currency pair has recently shown consistent bullish behavior, closing positively above the key 1.8270 support level. The price has been moving upward, surpassing the 1.8340 resistance level and stabilizing near 1.8415.

These developments indicate a continued bullish trend, supported by stochastic indicators, which are providing positive momentum. This sets the stage for further potential gains, with the price expected to rally toward the 1.8510 and 1.8565 levels in the near future.

For today, the anticipated trading range is between 1.8345 and 1.8510.

Trend Outlook: Bullish

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