Eurnzdsignal
DeGRAM | EURNZD strong resistanceEURNZD currently is testing a major resistance level, which is a psychological level as well.
If the market forms a double top with divergence or creates false breaks at the resistance level, then we can look for a selling opportunity.
We expect a pullback from the level; an alternative scenario is a consolidation at the resistance.
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EURNZD - MARKET SENTIMENT WITH TRADE IDEA #EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL until the 1.6128 LEVEL. And before SELL, EURNZD can be BUY at 1.6914 LEVEL. So stay tuned for MARKET UPDATES. eurnzd
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the SUPPORT AREA of this CHANNEL before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL until the 1.6128 LEVEL. Also, EURNZD can be BUY at 1.6830 level before SELL. So stay tuned for MARKET UPDATES. eurnzd
EURNZD - MARKET SENTIMENT WITH TRADE IDEA#EURNZD
Currently, according to the CURRENTLY STRENGTH, EUR is becoming quite strong. The reason is that ECB RATE HIKE SENTIMENT is PRICE. Also, the NZD is getting weaker than the EUR right now.
Therefore, EURNZD can definitely go DOWN to the lower SUPPORT AREA before going UP again. So keep an eye on it.
If any MARKET SENTIMENT changes, EURNZD can SELL up to 1.6070 LEVEL. And after that EURNZD can be BUY at 1.6653 LEVEL. So stay tuned.
EURNZD multiple-timeframe analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
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EURNZD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Press the like button if you enjoy this content
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EURNZD possible sell zone!!EURNZD has formed strong bearish price action on the daily timeframe. In this long-term down trending market, the price has formed a daily pin bar/Doji which has an element of fake out to the upside, tested previous support as resistance, and also tested the 20EMA as resistance. High probability that the price will continue to drop from this bearish consolidation.
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