EURNZD has been in a bearish channel forming lower highs and lower lows. However, bullish divergence has caused price to push up several times, as marked on the chart. Currently price is at the lower end of the channel. Im expecting bullish divergence to form before a bullish move occurs. Will be executing a long after formation of bullish divergence and break of LH!
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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.