EUR/NZD H8 Analysis
Price is moving within a bullish, parallel channel and has double topped at channel resistance around the 1.85 big number.
At the end of the last trading week, price broke and closed below the neckline (support) at 1.84
As price retests the level, we wait to see if further selling takes place.
Potential final target for sells is the bottom of the channel.
At the end of the last trading week, price broke and closed below the neckline (support) at 1.84
As price retests the level, we wait to see if further selling takes place.
Potential final target for sells is the bottom of the channel.
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Low-Cost Trading, for everyone, everywhere.
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.