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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.
Long
by CELGIB_TRADING
💡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 ❤️ 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 ❤️
Long
by ForecastCity_ME
2
💡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 ❤️
Long
by ForecastCity_ME
4