EURNZD: Key Level to Watch 🇪🇺 🇳🇿
EURNZD dropped to a key daily structure support.
To buy with confirmation watch a horizontal decision range on hourly time frame.
You need an hourly candle close above its resistance to confirm a breakout.
First target will be 1.6515 level.
In case of a bearish breakout of the key level
a further decline will be expected.
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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.