HANSFXTRADER

EURNZD, MULTIPLE TIME FRAME ANALYSIS!

OANDA:EURNZD   Euro / New Zealand Dollar
Monthly: -Bullish structural trendline.
-Price is sitting at a strong zone of monthly demand.

Weekly: -On the weekly price is also testing a strong zone of demand.
-Weekly fib completion. (-68)
-We never sell at weekly lows.

Daily: -Price is at the daily lows.
-Daily fib completion. (-68)
-Expecting a pullback at least to the last daily IC .

4H: -At the moment everything from a 4h perspective is still bearish so we should wait for bullish price action before taking a trade to the upside.
Trade closed: target reached

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