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Eurnzdlong

Potential BULLISH Opportunity for EURNZD...Will be looking at H1 chart for EURNZD. As we can see EURNZD, price level managed to retest the support level at 1.7147 price level after price move above this level. As we can see, this level a strong support level for EURNZD. I will b expecting a movement towards the resistance zone as identified in my chart (Red area). There will be a resistance level @1.7350. If price managed to break this level I will see the BULLISH movement moving to 1.7600 (168% fib level) As of now, I will trade this BULLISH movement to the resistance level. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Long
by YGForex
EURNZD uptrend setupprice direction: UPTREND potential target price: 1.7277 **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
1
EurNzd has all ingredients for a strong reversalFrom 20 Oct 1.8 high, EurNzd dropped almost linearly 1000 pips. The pair found strong support at 1.7 zone and after a few days of consolidation broke the descending trend line and the first leg of correction come that let the price to 1.7300 zone. Now the pair is correcting this first leg up and a new one could start soon. 1.7 should be very well defended by bulls and my target for EurNzd is 1.75 in the medium term. In the short term, 1.7050 is now support and a break above 1.7150 could accelerate gains to 1.7280 resistance. In my opinion, dips should be bought and only a daily close under 1.70 would negate this scenario
Long
by Mihai_Iacob
6
Trend Reversing On EURNZD Beginning to see a structural change on this pair. Daily chart will be posted in follow-up. Daily pin bar formed, which is a good indication price attempted to trade lower and failed to sustain. [ 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
EURNZDEURNZD is currently at a very interesting level from a technical perspective. Why? We are currently sitting on a key support level on the monthly timeframe ,so naturally we will be looking for rejections. However, what caught my eye on this particular pair is the fact that EUR is currently strengthening across the board so it would make sense to look for buying opportunities across euro pairs. Both the technical & fundamental data are aligned with one another, which is why we will be buying this pair up to the next resistance level. If you have any questions, feel free to send me a message.
Long
by visionlife