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MOMENTUM SHIFT ON EURNZD. GO LONG
Euro / New Zealand Dollar
Long
MOMENTUM SHIFT ON EURNZD. GO LONG
By Johanph
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Sep 7, 2021
1
Sep 7, 2021
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
Chart Patterns
Technical Indicators
Trend Analysis
Johanph
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