JayyTrades

Possible Long Opportunity on EurNzd

Long
FX:EURNZD   Euro / New Zealand Dollar
EurNzd has been respecting this ascending triangle pattern for the past month and i am looking for it to continue doing so for at least one more bullish impulse. Price is approaching a key level of 1.6900 and i anticipate price to react around this level giving us one more long opportunity. Price is still in a region where the longer time directional bias is still unclear as price could break to the upside or the downside, so be mindful of this and trade only the more short term setups for now.

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.