FOREXCOM:EURNZD   Euro / New Zealand Dollar
EUR NZD has broken 4 hour trendline.

Right now we see we broke once again on the 4 hour 17 ema as a support.

The hourly has the support of the 55, 99 and ichimoku cloud as well as the 17 ema support.

The 4 hour also has the 55, 99 and 17 ema support.

Going to use the uptrend hourly and stop below the hourly support to long and manage risk on the way up potential high.

The weekly has 2 hammer candlesticks so the price can rise very bullish!


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