Eurnzdbuy
EUR/NZD Technical Analysis
The counter was in a strong downtrend and it broke long-term support at 1.71435.
Unable to sustain the breakdown, it has recovered with a V-shape rally.
We expect a short-covering rally in the counter.
EurNzd- trend reversal or just correction?Nzd had quite a run in the past 3 weeks, with EurNzd falling almost 1000 pips from 1.8 to 1.7050.
The important psychological 1.7 support is marked also by a piercing candle formation and should be well defended by bulls in the future.
I expect this bull run to continue to at least 1.75 and dips under 1.72 should be bought in search of a good R:R trade
EUR/NZD Huge Buy opportunity - Don't missEUR/NZD Shows a clear Hammer/Bullish pin bar candle at this BIG Support level, i think it's a great time to BUY this pair.
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eur/nzd buyhi traders,
price is now testing the bottom of structures within the 4H timeframe- i expect price to push up
EURNZD It will break the triangle upward +160 PipsWelcome Back.
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In the event that it continues to rise, this is considered a break of the marathon, so this break will be positive and it will move towards the upside to the resistance indicated on the chart.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
EurNzd- strong reversal from supportAs I said yesterday, EurNzd looks bullish with strong support around 1.75 zone.
The pair had a quick dive under this zone and reversed strongly to be traded around 1.76 at the time of writing
I maintain my first target of 1.78 for this pair and, if the day is closing with bullish engulfing we can see my target reached sooner rather than later
EurNzd- 1.75 is strong supportAfter reaching 1.8 important figure, EurNzd dropped fast and found support at 1.75 zone.
The pair si consolidating now just above this support and a new revisit of 1.78 resistance is probable.
I'm bullish on this pair as long as the price says above 1.75 on the daily close basis and buying dips is my strategy
EURNZD LONG SETUPCurrently the price level at 1.76240. at support level if the price tend to break 1.76400.then it will move to the previous resistance level @1.77150.
EURNZD - Long (Buy Limit Order)Liquidity has been grabbed and price will come to 1.76348 level and continue bullish.
Note: Trade at your own risk
EUR/NZD: Daytrade-preparation!!! LONG 26/OCTEUR/NZD: Daytrade-preparation!!! LONG
#Swing
Eurnzd
Market-BUY : 1.77200
Stop-loss : Close Break 1.76800
Target1 : 1.78350
Target2 : -
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EURNZD W3 OCT 2020EURNZD
Long Setup
- Price is trending in this upwards channel.
- Forming a bull flag, wait for price to breakout
EurNzd- buy at 1.77 zone?Two days ago, EurNzd put a nice Pin Bar in 1.76 zone visible on the daily chart and, with yesterday's bullish daily candle this completes a morning star candle formation.
On h4 chart we can clearly see that the descending trend line is broken and now the pair is consolidating with a slight tent of correction (a flag more or less)
1.77 could be a good place for longs and only a drop under support would change this bullish outlook.
1.8 could be the target for bulls which gives them a R:R of more than 1:2
EURNZD COMPRABUSCANDO UNA ALZA A FOVOR DE LA TENCIA , SE ENCUENTA EN EL 88 DE RETROCESO DE FIBO EN EL ULTIMO IMPULSO, ADEMAS COMFLUYE CON UN 50% DE TODO EL LTIMO IMPULSO MAYOR
