Good day traders,
Welcome to the last week of the month of March. Let’s go straight to our charts and see what’s happening.
1. EUR/NZD
On the daily chart, price on EUR/NZD just broke out of a key support level (1.64406) of the pennant.
After over 3 months of this pennant curtailing price, price finally broke free today. There may be a slight pullback before the bears pull price down to the next support level (1.61426).
That’s all for today folks, do have a pip-full day ahead.