We have entered the 5th week in the Euro (EUR), New Zealand Dollar (NZD) doing nothing of note. Moves have continued to trade sideways since the start of 2025 between the range of 0.5415 (1.8470) and 0.5470 (1.8280). Weekend trade war news sent the cross to 0.5465 (1.8300) to 0.5405 (1.8500) but in early Tuesday the pair is back in the safe house around 0.5435 (1.8400) numbers. Fears are out there for President Trump to target the Eurozone in time may keep the EUR bids down. Tomorrow’s NZ employment data releases with a rise to unemployment of 5.1% expected.
Current Level: 1.8378
Resistance: 1.8450
Support: 1.8320
Last Weeks Range: 1.8345 – 1.8491