{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eur-nzd-upside-breakout\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eur-nzd-upside-breakout\/","headline":"EUR\/NZD Upside Breakout!","name":"EUR\/NZD Upside Breakout!","description":"EUR\/NZD is trading in the green at the time of writing at 1.6701 level below 1.6705 static resistance. It stands below a strong resistance area, making a valid breakout could bring new long opportunities. Euro is strong also after the German PPI registered a 1.5% growth versus 0.8% expected and after a 1.9% growth in […]","datePublished":"2021-09-21","dateModified":"2021-09-21","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/olimpiu-tuns\/#Person","name":"Olimpiu Tuns","url":"https:\/\/forexschoolonline.com\/author\/olimpiu-tuns\/","identifier":19876,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/04\/20200303_154346-1.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/04\/20200303_154346-1.png","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/09\/EURNZD_2021-09-20_18-57-14.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2021\/09\/EURNZD_2021-09-20_18-57-14.png","height":868,"width":1834},"url":"https:\/\/forexschoolonline.com\/eur-nzd-upside-breakout\/","about":["EUR\/NZD"],"wordCount":165,"keywords":["eurnzd","Forex","trading","trading idea"],"articleBody":"EUR\/NZD is trading in the green at the time of writing at 1.6701 level below 1.6705 static resistance. It stands below a strong resistance area, making a valid breakout could bring new long opportunities.Euro is strong also after the German PPI registered a 1.5% growth versus 0.8% expected and after a 1.9% growth in the previous reporting period. New Zealand is to release the Westpac Consumer Sentiment in the morning. Worse than expected data could boost the pair.EUR\/NZD Technical Analysis!NZD\/USD seems determined to pressure the ascending pitchfork\u2019s median line again. Registering a valid breakout through the 1.6705, above the weekly R1 (1.6721), and above the median line could validate a further upside continuation.Technically, the price action signaled that the downside movement is complete and that the pair could turn to the upside. Note: ForexSchoolOnline is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results."}