Mihai_Iacob

EurNzd- do we finally have a bottom?

Long
FX:EURNZD   Euro / New Zealand Dollar
Since October, EurNzd dropped almost linearity and lost almost 1500 pips.
The beginning of the year found the pair in 1.66 zone strong support and, in my opinion, this is the bottom for now.
At the time of writing, EurNzd is trading at 1.6743 and dips towards 1.67 can be a good opportunity for building longs.
The target for bulls can be 1.7250 resistance and only a break under support would negate this bullish scenario

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.