EURNZD MOVING TOWARDS RESISTANCE ...WHAT WE CAN EXPECT???? GREEN IF MOMENTUM IS LESS THEN AFTER PRICE CONFIRMATION YOU CAN GO SHORT AROUND @1.72700 TAKE PROFIT @ 1.70250 RED IF MONTUM IS HIGH THEN IT WILL BREAK THE PREVIOUS RESISTANCE AND NOW IT HAS SUPPORT AFTER PRICE CONFIRMATION YOU CAN GO LONG @1.72800 TAKE PROFIT @1.75000
Trading Signal: A Trading Signal is seen in the EURNZD Currency Pair. Traders can open their Buy Trades NOW If you liked our ideas, please support us with your likes 👍 and comments.
Hello Traders, Here is the Top-Down Analysis of EURNZD (Monthly, Weekly, Daily for direction and 4H for entry) for Week 44 - 26 Oct M > Market is moving in a rising channel. Price tested monthly support, faced rejection and started upward move. W > Price has faced rejection at support of channel and is D > After rejection at weekly demand zone and...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.7813). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURNZD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...
The 4-hour is turning down against 1.9927 high seen on 3/19/2020. 1-hour is turning up against 1.7153 low. Near-term, while dips stay above 1.7153 low, expect pair to extend higher to correct cycle from 6/11/2020 peak as a flat before downside resume. Short term trade EURNZD LONG @1.7360-40 TP: 1.7480 SL: 1.7310 Good luck !
tp1 1.75625 tp2 1.83131 sl 1.69336 Stay Blessed in Christ Jesus
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Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.7333). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURNZD is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
RIKY BUT I AM ONLY SHARING MY VIEW BECAUSE I LOVE TO STARE CHARTS