Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.6201). . 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 an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a...
EURNZD CURRENTLY IN MIDDLE WHAT WILL HAPPEN I FUTURE???? REDLINE IF THE VOLUME OR SPEED OF THE CANDLE IS HIGH IT CAN REACH THE MAJOR RESISTANCE @1.74900 - 1.75100 GO SHORT @ 1.74900 WITH STOP LOSS @1.175300 TAKE PROFIT @ 1.172800 GREEN LINE: IF THE VOLUME IS LOW IT CAN'T BREAK THE RESISTANCE AND TENDS TO MOVE DOWNWARDS @1.71500 - @1.71400 GO...
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
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