EURNZD M15(WHITE) AND H1(BLACK) Analysis
Price seems to be in an uptrend and makes higher highs since it broke the resistance turned support at 1.69000, it then enters a ranging market and creates an area of supply(red) and demand(green) in the lower timeframes (look into the M15)
Waiting for price to break the 1.69900 zone as I can see the cross of the EMA 14 over the EMA 50 on the H1 then enter a buy on the retest for extra confirmation
Waiting for price to break the 1.69900 zone as I can see the cross of the EMA 14 over the EMA 50 on the H1 then enter a buy on the retest for extra confirmation
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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.