EURNZD LT view
Traders - do not be fooled, the recent bearish movement of eur/nzd is purely a retracement following the pair's 2015 move - classic bull flag stuff. On daily chart, the pair closed above the falling trendline that has been in force since mid July, signalling further bullish action for the pair.
I suggest longing upon retest of falling trendline following retracement of the most recent move (not sure how to show both charts on the same idea!).
Juicy R:R on this one peeps, get stuck in.
GL
I suggest longing upon retest of falling trendline following retracement of the most recent move (not sure how to show both charts on the same idea!).
Juicy R:R on this one peeps, get stuck in.
GL
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.