EURNZD has remained in strong bullish trend however, Bearish Divergence can be seen on 1H time frame, BEARS weightage are more than bulls as seen on Chart.
Entry can be taken with the break of Support level, which is also a trend line support and good FIB ZONE. Once market has formed a LL and breaks the support then it will take a good corrective move.
RISK / REWARD Of 1:1 can be taken with a STOP loss on HH.
Entry can be taken with the break of Support level, which is also a trend line support and good FIB ZONE. Once market has formed a LL and breaks the support then it will take a good corrective move.
RISK / REWARD Of 1:1 can be taken with a STOP loss on HH.
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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.