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
Eurnzdshort
EURNZD SHOWING A GOOD FALL IN 1DAY CHATHere you can see that EURNZD BREAKED the stuck zone
Plus the the trendline also
Plus the strong support
If you are a long-term seller
You can grab it with a good amount without any risk stay tention free because it's a SURESHOOT
There are 3 confirmation
1. Stock zone
2. Trendline
3. Support
There are a huge possibility it will fall a lot
Just grab it
It's Rarely trade found in currency
Grab it
Follows for more
💡Don't miss the great sell opportunity in EURNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.7071).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURNZD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 31.
Take Profits:
TP1= @ 1.6881
TP2= @ 1.6822
TP3= @ 1.6721
TP4= @ 1.6653
TP5= @ 1.6535
SL: Break Above R2
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in EURNZDTrading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.6860).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURNZD is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 38.
Take Profits:
TP1= @ 1.6805
TP2= @ 1.6785
TP3= @ 1.6730
TP4= @ 1.6685
TP5= @ 1.6610
SL: Break Above R2
❤️ 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 ❤️
EURNZD - SHORTThe counter EURNZD is traveling in the descending channel from 18th November. Therefore short is very suitable for this counter and the bearish trend will continue further. The price is moving even more downwards and it is expected to move until 1.6947.Till now there is no indication for a break out of the channel. If the price breaks the top line of the channel, then there may be a chance of trend reversal.