Long opportunity on EURNZD
On EUR/NZD the price broke the descending trendline and bounced back from the support line of the triangle. We will be looking for buy transactions after the price retraces back in the 50-61.8 Fibonacci Retracement area and forms a hidden bullish divergence
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.