EURNZD LONG IDEA
EURNZD just surpassed the first liquidity zone that was marked out on the 4H and 1H time frame price is expected to shoot up as it is below the 200MA on the Dily time frame creating many sell and buy orders in that area. However if the price continues to head down we will take a small loss of 30 pips and wait till the price surpasses the second liquidity zone if teh price fails again to shoot to the upside than it is time to look for any sell possibilities.
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.