mostafabirjandi

EURNZD FAKE BREAK OUT OR NOT !!!

Long
OANDA:EURNZD   Euro / New Zealand Dollar
This currency is in a very big range and now, after hitting the support line, it has made an uptrend and has broken the trend line.
If this uptrend is stabilized with a pullback to the trend line, we can expect a good bull from this currency.
But if the break become fail it will come back to support and may even break it.
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.