EURNZD: my multi-time frame analysisHi Traders,
This is my multi time frame analysis on this pair for the next few days
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
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Pietro from Trading Kitchen
Eurnzdforecast
EUR/NZD Next move IMOEUR NZD has made a bullish channel since 5 days and recently It got rejected from upper trendline.
The rejected has been made in past from the same nearest point by this resistance.
On long term plan we are bullish all the way. But we can take a small sell opportunity here and wait for the evidence and next possible move on next support.
What are your views about eur/nzd?
But this could change the trend?
Note: Always Do Your Own Research & Manage Your Risk Reward Ratio
(This Is not a financial advice) This is only for educational support
EurNzd- To resume its downtrend?The trend for EurNzd is clearly down and after correcting and confirming 1.7 as strong resistance (twice) the pair started to roll back to interim 1.6650 support
A break here would also confirm a double top formation and give scope to a retest of 1.6350 low.
Rallies should be sold and only a clear break above 1.7 would negate this bearish scenario