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Good evening Traders,
At the close of the week, on November 18, Lift-Off brings us a SHORT trading signal on EUR/NZD.
In the latest trading days Euro shows less strength compared to the New Zealand dollar.
Europe interest rate 2.00%
New Zealand interest rate 3.50%
Also from the rate data, the Euro has less strength compared to the New Zealand dollar
Below the chart of EURNZD - with the signal detected by Lift-Off
Signal chart of November 21, 2022
Input price: NZD1.6778 (current market price, or any price until tomorrow morning)