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oli2798
Jan 24, 2019 6:06 PM

EURNZD Long Long

Euro / New Zealand DollarFOREX.com

Description

Hitting Support Zones, could potentially bounce off this and rise.

Comment

After, going below the support zones, we have now reached this zone again. anything above this zone, could signal intentions to move further on.

Comment

With the current uptrend, I would be targeting 1.67841.

Comment

Although, the currency pair is currently testing some resistance levels at this region before, which it couldn't break through last time, if it breaks through this, then the upside will be reached.

Trade closed manually

Overall, this trade would have still made small profits, however it failed to break out of resistance above the support zone. This could still rise, but I would close this trade.
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