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EURNZD needs to surpass the barrier – Analysis – 29-3-2018
Despite the EURNZD pair’s fluctuation within the bullish channel recently, the initial resistance formed at 1.7170 forces the price to for intraday sideways trading as appears on the chart, while we will depend on the stability of 1.6975 initial support to wait to gather new positive momentum and manage to achieve the required breach followed by reaching our targets that start at 1.7255 followed by 1.7380.
The risks of changing the main trend will appear if the price crawled below the main support at 1.6910, which will provide negative pressures on the price and open the way to target more negative levels that start at 1.6825.
Expected trading range for today is between 1.7040 and 1.7170
Expected trend for today: Fluctuated
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Litecoin price approaches the target – Analysis - 29-03-2018
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