EURNZD Chart Technical Outlook heads north to 1.8330 on monetary policy divergence
EUR/NZD broad bias is bullish, as the ECB is more hawkish than the RBNZ. The pair completed a three-wave corrective pattern last week and bounced higher this one. It has more room for the upside.
Technical indicators and retailers’ sentiment support the bullish move.
Resistances: 1.8330, 1.8426
Supports: 1.8150, 1.8075