EURNZD Awaiting Directional Breakout
EURNZD Awaiting Directional Breakout
Technical Analysis:
The EURNZD pair is currently consolidating within a triangle pattern. Typically, this pattern suggests a bullish movement, but the current situation presents a more complex scenario.
Bullish Scenario:
A breakout above the triangle pattern would confirm a bullish trend, potentially pushing EURNZD higher towards 1.8020 and 1.8075.
Bearish Scenario:
Conversely, a breakdown below the triangle pattern would confirm a bearish trend, potentially driving EURNZD lower to 1.7830 and 1.7760.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Technical Analysis:
The EURNZD pair is currently consolidating within a triangle pattern. Typically, this pattern suggests a bullish movement, but the current situation presents a more complex scenario.
Bullish Scenario:
A breakout above the triangle pattern would confirm a bullish trend, potentially pushing EURNZD higher towards 1.8020 and 1.8075.
Bearish Scenario:
Conversely, a breakdown below the triangle pattern would confirm a bearish trend, potentially driving EURNZD lower to 1.7830 and 1.7760.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
✅MY Free Signals
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅YouTube
youtube.com/@TradingPuzzles
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.