EUR.NZD - High RR, High Probability

Updated
Currency Pair: EUR.NZD
Time Frame: Weekly, Daily & 4hr
Predicted Direction: Long

EUR.NZD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Note
This setup is now providing a clean consolidation period, i will be watching the 1.6540 level for deceleration.
Trade active
Note
Trailing stop loss now in place.
Chart PatternsEURNZDhallandcotradingTechnical IndicatorstomhalltomhallforexTrend Analysis

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