Eurnzdlong
EURNZD | BUY ON BREAKOUTEURNZD is looking in good bullish momentum, but currently price is standing at important level.
EMA100 - This ema has been reactive in the past as highlighted on the charts and price is filerting with it now. A break above will be more safest entry.
Horizontal Resistance 1.63312 - This resistance was the breakout level before consolidation and we see price resist or took support before moving on. Currently price is standing just under it.
Cup & Handle - On shorter time frame (4H) price is making a cup and handle pattern and break of cup will call for bulls.
Trade your levels accordingly.
EURNZD are you gonna print us $$$🤑🤑 ????EURNZD broke a resistance area of 1.61000 and already came back for a retest of the broken structure.
Price is currently heading upward and forming an INVERSE HEAD AND SHOULDERS (BULLISH PATTERN), We are patiently waiting for the price to break and retest the current neckline for a BUY
WATCH OUT
1. Break and retest of the neckline
2. Bullish candlestick confirmation after break and retest of neckline for a continuation
3. Wait patiently
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EURNZD | BULLS DOMINATINGEURNZD | BULLS DOMINATING
EURNZD has been trading in bullish parallel channel, making higher highs and higher lows. The price action look promising as it breaks the horizontal level of resistance.
We are expecting bulls to continue their domination and push the price to much higher levels.
Trade your levels accordingly.
EURNZD REVIEW APRIL 11THHello Traders
Here is our view of EURNZD.
3rd consecutive Bullish candle reminds us of the "3 soldiers candlestick pattern"
Lets see bullish continuation possibly to 1.62 price zone, news pending for this pair
in the coming few days.
As always, only trade what you're willing to lose.
The Trading Regime
EURNZD - MARKET SENTIMENT⛔️ There is no indicator news of any value for the New Zealand dollar today. Therefore, the New Zealand dollar is often driven by market sentiment. Also, there is no important news for the euro today, and some of the most important news will be released next week.
⛔️ NZD FEATURE is currently down a bit. The main reason for that is because MARKET RISK OFF. Today there is a slight market risk on the situation. The NZD FEATURE stands at 0.6875 LEVEL. The EUR FEATURE stands at 1.088 LEVEL.
⛔️ Currently the SENTIMENT of the OVERALL MARKET is being POSITIVE. Also, even though the EQUITIES are turning a bit red, we are not affected by the VOLATILITY DOWN. Also COMMODITIES still shows a UP SIDE BIAS. There is a NEUTRAL BIAS currently on the market. We can not say for sure whether the MARKET SENTIMENT is UP or DOWN. But according to the data we have received so far we can say that MARKETS RISK is turning ON.
⛔️ EURNZD PRICE can be REJECT from 1.5903 LEVEL. COMMODITIES PRICES If the UPA returns, VOLATILITY DOWN, OVERALL MARKET RISK ON, ON EURNZD will SELL further.
⛔️ You can go to 1.5903 LEVEL before the EURNZD PRICE is down. Then it can be sold to 1.5335 LEVEL. This is determined by the market sentiment and market sentiment in terms of the activity of the New Zealand dollar.
Bullish EURNZDEURNZD is about to go up, I used Schiff oitchfork for the Analysis.
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EURNZD LONG - Buy Entry - D1 ChartEURNZD LONG - Buy Entry - D1 Chart
Buy @ Market
Symbol: EURNZD
Timeframe: D1
Type: BUY
Entry Price: Buy @ Market
Resistance @ 1.68857
Pivot Point Yearly @ 1.66141
Resistance @ 1.65798
Resistance @ 1.63424
Resistance @ 1.60587
Support @ 1.59260
Support @ 1.57811
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