Today in forex trading the EUR/NZD has a sell signal on The Forex Heatmap®. The New Zealand Dollar (NZD) was strong in the Asian session and this carried forward into the main trading session. Overnight movements on the NZD pairs were strong just ahead of today’s main trading session. Most NZD pairs are trending based on NZD strength. We expect the EUR/NZD to continue lower in the downtrend and the NZD/CHF to continue higher in the uptrend. The trading signals show below are from The Forex Heatmap®, a visual map of the forex market, the Asian session is on the left.
EUR/NZD Sell Signal 3-26-2014