Eurnzdlong
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 - Buy the dip setup.EURNZD - Intraday - We look to Buy at 1.7481 (stop at 1.7439)
With our medium term bias looking to buy dips and the short term bias indicating selling interest we are faced with mixed signals.
We look to buy dips.
1.7480 continues to hold back the bears.
1.7446 has been pivotal.
With signals for sentiment at oversold extremes, the dip could not be extended.
Our profit targets will be 1.7614 and 1.7684
Resistance: 1.7585 / 1.7610 / 1.7670
Support: 1.7500 / 1.7480 / 1.7447
EURNZD buyEURNZD AS TOUCHED THE PARALLEL LINE SO IT IS CONCLUDED TO GO HIGHER AND THERE IS A HIGH CHANCE FOR IT TO GO 400 PIPS HIGHER TO TOUCH THE UPPER PARALLEL HOWEVER I HAVE GIVEN 120 PIPS TAKE PROFIT IT IS YOUR DECISION TO TAKE YOUR PROFITE AT 120 PIPS OR TRAIL STOP YOUR TRADE UNTIL 400 PIPS.
GOOD LUCK GUYS!