EURNZD Buy a break setup.
Updated
EURNZD - Intraday - We look to Buy a break of 1.6856 (stop at 1.6824)
Short term bias is bullish.
Price action has formed a bullish ascending triangle formation.
We look for gains to be extended today.
A break of bespoke resistance at 1.6850, and the move higher is already underway.
Pivot resistance is at 1.6867.
Our profit targets will be 1.6942 and 1.6978
Resistance: 1.6850 / 1.6870 / 1.6900
Support: 1.6800 / 1.6770 / 1.6730
Short term bias is bullish.
Price action has formed a bullish ascending triangle formation.
We look for gains to be extended today.
A break of bespoke resistance at 1.6850, and the move higher is already underway.
Pivot resistance is at 1.6867.
Our profit targets will be 1.6942 and 1.6978
Resistance: 1.6850 / 1.6870 / 1.6900
Support: 1.6800 / 1.6770 / 1.6730
Trade closed: target reached
A perfect trade!
Related publications
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.