Nene_

retest of previuos resistance

Long
FX:EURNZD   Euro / New Zealand Dollar
the pair is in an uptrend and is making a retest of the previous resitance. i am waiting for comfirmation that the new support will hold then i will go long on this pair. what do guys think?

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Hello, Trader Nene. I like how you have kept everything nice and simple. Indeed, price has been in an uptrend and has been following a trend channel on its gradual ascent. Tho price dropped below your anticipated entry point, Its has positioned itself for any trader to enter a potential buy position at an even better price.
+1 Reply
Nene_ Chinedumnweke
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thanks
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