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EURNZD - COULD BE A GOOD BUY NOW

Long
Euro / New Zealand Dollar (FX:EURNZD)  
FX-TradingLions  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators EURNZD EUR NZD Forex tradingsignals signals ideas
2
0
trendanalysis chartpattern indicator eurnzd eur nzd forex tradingsignals signals ideas
Hey Traders!

I believe this could be a good buy for the following reasons:

- The current price is above the monthly pivot level
- Strong bullish engulfing candlestick 4h close
- Strong break of 20 moving average
- Overall market direction is bullish
- Likely going to re-test the previous psychological level, if broken will go further
- EUR & NZD are currently being sold off by hedge funds.

Peace traders! :)
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