Eurnzdbuy
EurNzd at confluence resistanceThe move from the past 4 weeks on EurNzd was fabulous with the pair sinking 1000 pips from 1.8 to 1.7
Yesterday the pair had a short dive under 1.7 but managed to recover above this important support.
At this point, we are just at confluence resistance and a break here could signal a much-needed correction.
In my opinion, dips around 1.7 should be bought and a long position in this zone could have a 1:3 R:R if we target the last congestion zone at 1.73
EURNZD WILL RISEAs we can see nzd bas become very strong so now i can expect it will fall as #EURNZD IS ON RESISTANCE so i am expecting a rise becaise this resistance is now support
If you like my idea than follow my channel
EURNZD- Approaching the major support at 1.688001.68800 will be a very hard-to-break level for EURNZD, possible reversal point
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.
Please give feedback in the comments
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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