EURNZD at Key Decision Zone | Breakout or Breakdown? 📊 Pair: EURNZD
🕒 Timeframe: Likely H1 or H4
📅 Date: May 18, 2025
🔍 Technical Analysis
🔁 Key Zones
🔴 Resistance-Turned-Support (RTS):
1.8975 – 1.8990
This area was previously a resistance level that price broke above, and is now acting as a critical support zone (flip zone). Price is currently retesting this area.
🎯 Target Zone (Resistance):
1.9085 – 1.9110
This is the next projected bullish target if price successfully rebounds from current support.
🛑 Major Support Zone:
1.8840 – 1.8860
Strong buying interest was seen here previously, acting as a safety net in case of bearish rejection from the current level.
🔄 EMA Confluence
📘 EMA 200 (Blue): 1.8975
📕 EMA 50 (Red): 1.8981
Price is hovering around the EMAs, indicating a moment of decision. A decisive move above these EMAs could trigger bullish momentum. 📈
🔮 Scenario Outlook
🟢 Bullish Scenario (Preferred Setup)
✅ Confirmation above 1.8990
➡️ Retest and continuation could push price toward the 1.9100 target zone.
🔼 Momentum supported by prior breakout and higher lows.
📌 Entry Idea: Above 1.8995
🎯 Target: 1.9100
🛡️ Stop: Below 1.8950
🔴 Bearish Scenario
❌ If price fails to hold the 1.8970–1.8990 zone, a breakdown could follow.
⬇️ Likely move toward 1.8850 support zone.
🚨 Watch for bearish engulfing or rejection candles near resistance.
🧠 Summary
Price is at a key decision point.
✅ Bullish bias is slightly stronger due to market structure (higher highs & higher lows).
⚠️ But a clean break below support would shift focus to the downside.
📈 Strategy: Wait for confirmation ⚖️
Bullish: Break + retest of 1.8990
Bearish: Breakdown below 1.8950 and close under EMAs
Eurnzdlong
EURNZD BULLISHEURNZD BULKISH FORECAST
ACTIVE ON H4, D1, & W1 AND MAY KEEP GROWING TILL 2023
EURNZD has been trading within ranging boundaries from 1.60771 to 1.82200 all during the time of Sep 2018 to sep 2022 weekly TF gave this view.
Market has respected these zones, but we have falling trend channel which as well been respected since 1.87929 to the lowest level of 1.56209.
The issue is that now, the falling trend channel has been broken, I expect retest between 1.71273 to 1.69959.
The target in this idea is major resistance level at 1.79972, f 5 price keep growing may break the resistance 1.79972 for another major support level 1.96840.
Inverse head and shoulders:
I've noticed the inverse head and shoulders all within the trend channel.
Cup and handle:
I've also note the cup chat pattern from the area 1.69576, 1.58861 and 1.7000, we expect breakout from the handle boundary for bullish run.
ECB HAS BEEN HAWKISH, BUT COULDN'T LIFT THE EUR NOW, BUT TECHNICALLY SPEAKING, IT'LL SPIKE UP WITH THIS IDEA
If the price trade below the broken trend channel.
EURNZD Trading Plan - 18/May/2022Hello Traders,
Hope you all are doing good!!
I expect EURNZD to go up after this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
💡Don't miss the great buy opportunity in EURNZDTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (1.5857).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 72.
Take Profits:
TP1= @ 1.5963
TP2= @ 1.6043
TP3= @ 1.6111
TP4= @ 1.6164
TP5= @ 1.6317
SL= Break below S2
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Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
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ForecastCity English Support Team ❤️
EURNZD WEEKLY ANALYSIS 27-11-2021#forexsignals #freeforexsignals #dailyforexsignals #weeklyforexsignals
#EURNZD weekly bias looks bullish. The buyer’s price of interests are 1.6396, 1.6327, 1.6182
The possible targets are 1.6600, 1.6760
These analysis are based on the current market swing and we update our views based on the upcoming future swings
💡Don't miss the great buy opportunity in EURNZDTrading 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 dynamic support.
. The RSI is at 57.
Take Profits:
TP1= @ 1.6350
TP2= @ 1.6525
TP3= @ 1.6643
TP4= @ 1.6759
TP5= @ 1.6851
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️