EURNZD rallied strongly on Friday. However, we are seeing the formation of Bearish price
action in the dynamic resistance of the 4Hour chart. There is a possibility of a fall to
1.7320 if this resistance zone holds.
The above sell set-up will be invalid if price breaks upwards through the resistance zone.
action in the dynamic resistance of the 4Hour chart. There is a possibility of a fall to
1.7320 if this resistance zone holds.
The above sell set-up will be invalid if price breaks upwards through the resistance zone.
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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.