Whilst the downside move has paused and risks a bounce from the 1.544 lows, we suspect the cross is still within a bearish move having confirmed a bearish triangle on the weekly charts.
| Resistance 3: | 1.6218 | Gap high, monthly R1 | |
| Resistance 2: | 1.6100 | 24/06 high, monthly pivot, 20 eMA | |
| Resistance 1: | 1.6106 | Gap low,, pivotal S/R | |
| EURNZD: | 1.5480 | ||
| Support 1: | 1.5448 | Brexit low | |
| Support 2: | 1.5170 | Monthly S1 | |
| Support 3: | 1.5000 | Round Number |