EURNZD Long Opportunity

FX:EURNZD   Euro / New Zealand Dollar
56 0 4
EURNZD is looking to be forming a stagnant price channel in which price is bouncing around. It is expected price will break down eventually from this channel so be conservative.

We will be looking to get in long here as price potentially reverses upwards to the upper resistance.

If price breaks down through the support at the base we can still get in long once more, but note that price will be expected to venture down through that support eventually and continue the downtrend on the higher time frames - Therefore wait for confirmation of support before getting in.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out