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16.09.202505:34 Analisis Forex & Kajian: Forecast for EUR/NZD on September 16, 2025

EUR/NZD

The EUR/NZD pair abandoned its downward scenario, reversing from support at the MACD line. A consolidation above 1.9778 would coincide with the Marlin oscillator shifting into positive territory, making bullish momentum the primary scenario.

Exchange Rates 16.09.2025 analysis

The main growth target lies at the embedded price channel line, around 2.0300. In this case, the 2.0029 level (the August 20 high) becomes the interim target. On the four-hour chart, the price has broken above both indicator lines, with Marlin firmly in positive territory. The pair is preparing for a breakout above resistance at 1.9778.

Exchange Rates 16.09.2025 analysis

Today, industrial production data for the euro area will be released for July. The forecast is +0.3% after the previous 1.3% decline. If the data exceeds expectations, the euro may strengthen further against the New Zealand dollar.

* Analisis pasaran yang disiarkan di sini adalah bertujuan untuk meningkatkan kesedaran anda, tetapi tidak untuk memberi arahan untuk membuat perdagangan.

Laurie Bailey,
Analytical expert of InstaSpot
© 2007-2025
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