EURNZD has bounced back from major SUPPORT zone and FAILED to make lower LOW
Price has been moving in accumulation phase for a period of time before:
BREAKING OUT of important trendline and CROSS EMA 50 on 1h.
Price is expected to retrace to support level before pushing to the UP SIDE.
POTENTIAL LONG AT AROUND 1.66425
Price has been moving in accumulation phase for a period of time before:
BREAKING OUT of important trendline and CROSS EMA 50 on 1h.
Price is expected to retrace to support level before pushing to the UP SIDE.
POTENTIAL LONG AT AROUND 1.66425
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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.