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Eurnzdlong

EurNzd- to see range trading?Undoubtedly Nzd alongside Aud was one of the strongest currencies at the end of 2020... With its Euro counterpart though, after finding a bottom and reversing at the beginning of December, Nzd found strength again but didn't manage to clearly make a new low under 1.6950, instead it confirmed this support and put in a tweezer bottom candle formation on the last trading day of 2020. I consider 1.6900-1.6950 strong support and EurNzd can start trading in a range with resistance around 1.73 zone. I'm bullish on this pair and only a clear drop under 1.69 would change my opinion
Long
by Mihai_Iacob
2
EURNZD (Daily) LONG IDEA: Bounce on the MAIN WEEKLY TRENDLINE!POTENZIAL PROFIT: UP TO 350 PIPS TECHNICAL ANALYSIS: -Since the end of March, the market had been following a strong downtrend, breaking the ema 50 on the 1st of June, bouncing on a daily support zone at about 1.72062. -The support zone rejected the price, reversing the trend as a trend correction. (the failed attempt to retest the support level at the end of July, confirmed the new uptrend) -Since the beginning of September until the end of October, the price has been following a side trend, bouncing many times on an important weekly resistance zone, before collapsing down in a long downtrend. CONCLUSION: The price bounced on the weekly trendline support and it's moving also around a daily resistance. It's actually getting strenght enought to start a new uptrend trying to reach the resistance level. I'd entry long if the price break the level at 1.74000 and I'll get one more confirmation about the new uptrend. ❤️If you enjoy my FREE Technical Analysis , let me know that with a big LIKE, I'll be so glad! Have you got some similar or interesting idea? Feel free to leave a comment below sharing your idea! Are you interested getting more FREE Technical Analysis like this? SUBSCRIBE my channel and you won't miss anything!❤️
Long
by FXtrades-gp
EUR/NZD BUY IDEAHey tradomaniacs, welcome to a new free trading-setup. Note: This is meant to be a preparation! As always we will have to wait for a confirmation! EUR/NZD: Daytrade-Preparation Notice: All trades are risky due to thin volume -> Sudden volatility can always appear. Market-Buy: 1,72150 Stop-Loss: 1,71700 Point Of Risk-Reduction: 1,72550 Take-Profit: 1,73000 Stop-Loss: 45 pips Risk: 0,5% - 1% Risk-Reward: 2,0 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me.
Long
by Trading2ez
1
EURNZD Looking to Break Out of Another Key Level Major structure change is underway on this pair as price is bottoming out. Current level is very minor, but significant as price is looking to push higher. The previous breakout failure indicates that selling pressure remains rather weak. [ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
Long
by FinancialGamblR
3