EURNZD: Classic Fibonacci Confluence 🇪🇺🇳🇿

Long

Euro / New Zealand Dollar (OANDA:EURNZD)

OANDA:EURNZD Euro / New Zealand Dollar

Supply and Demand Fibonacci Candlestick Analysis forecast EURNZD trader priceaction Technical Analysis

supplyanddemand fibonacci candlestick forecast eurnzd trader priceaction technicalanalysis

snapshot

EURNZD retraced to a peculiar confluence zone:
we see a perfect match between a horizontal demand cluster,
618 & 382 retracemenets of the last two bullish impulses.
In addition to that, the price formed a bullish engulfing candle approaching that structure.

I expect growth.

Goals:
1.69
1.70

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