EURUSD approaches resistance

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In the daily chart, the price of European currency has started to grow and soon it may face quite a resistance next to the level of 1.1170. Away from this level the asset might pull back down:

Gold managed to pull from the support level of 1459.13 and is currently targeting the psychological level of 1500. This is the place the downtrend is also located at. The asset might potentially drop at the crossing point of technical lines:

Daily chart shows that New Zealand dollar is about to potentially form the head and shoulders pattern which can help this asset jump up and change the trend. Should the neckline of this figure get broken, the pattern will surely form:

Disclaimer: The material provided is for information purposes only and should not be considered as investment advice. The views, information, or opinions expressed in the text belong solely to the author, and not to the author’s employer, organization, committee or other group or individual or company.

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