EURNZD Market Outlook | Daily Forex Market Breakdown
EURNZD
EN looking like we may be climbing to the upside. Choppy movement with EN recently, that being said right now it is looking like a good long. If we sustain above 1.70 we could start climbing up to 1.71 and higher. I will be looking for a pull back for clean entries. I feel if we could get a strong bullish 2 hour candle we could see this pair really take off! This could turn into a long term trade. Keep in mind that overall we are bearish, but I am favoring upside movement
EN looking like we may be climbing to the upside. Choppy movement with EN recently, that being said right now it is looking like a good long. If we sustain above 1.70 we could start climbing up to 1.71 and higher. I will be looking for a pull back for clean entries. I feel if we could get a strong bullish 2 hour candle we could see this pair really take off! This could turn into a long term trade. Keep in mind that overall we are bearish, but I am favoring upside movement
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.