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Trendline Play!

Long
Euro / New Zealand Dollar (FX:EURNZD)  
taftrader  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators
6
0
trendanalysis chartpattern indicator
The trendline had one point and last week that made two. We had a strong break of the blue zone and we expect that zone to be tested back. That and the trendline support are enough for a bullish weekly trade. Another point of confluence is the inverted hammer ending last weeks price action.

Entry: 1.6883
SL: 1.6778
TP: 1.7099

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