airamare01
Long

EURNZD Bullish Bias

FX:EURNZD   Euro / New Zealand Dollar
22 1 1
In line with the NZDUSD             Short scenario posted earlier. This pair supports the latter due to the following reasons. The 2015 swing highs and lows constitute the fib foundations and we can clearly see a bounce off the 50% retrace of level which further coincides with the 200 Moving Average applied on the Median price. The result was a push up and rejection constituting a trend-line. Now on the line chart we can see a clear break out of the line and I do project that this pair will move higher and hit 1.9 which is the first fib extension level.
Think this is still valid?
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out