EUR/NZD 4HR // 09 July 2024 Analysis
EUR/NZD currently has a downtrend setting up with 3 previous touches on the trendline and another one with a sweet rejection from both the marked area of support/resistance as well as the trendline.
Confirming a good rejection on a lower timeframe, we can look for potential sells, a good target would be around the 1.75000 area.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
Confirming a good rejection on a lower timeframe, we can look for potential sells, a good target would be around the 1.75000 area.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
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.
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.