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FxWirePro- Major pair levels and bias summary

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EUR/NZD bullish engulfing candle on daily chart

Monday, March 2, 2015 4:47 PM UTC

EUR/NZD sets new long-term trend low, but now up on day
Bullish engulfing candle on daily chart, large day/week RSI divergences
RBA in focus for short-term cues, cut sees NZD soft, EUR/NZD then lifts
Milk auction Tues & RBNZ Mar 12
If milk soft & RBNZ dovish rally takes hold, 1.5200/30 an immediate bull target, 1.5500/30 eyed thereafter

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EUR/NZD bullish engulfing candle on daily chart

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