EURNZD Bouncing higher from bespoke support Long
Euro Fx/New Zealand DollarFXCM
Description
⋅ FX:EURNZD
OANDA:EURNZD
FOREXCOM:EURNZD
SAXO:EURNZD
Monthly – Holds within a symmetrical triangle
Weekly – Bearish Head and Shoulders building but scope for higher levels
4H – Oversold. Stalls and reversing close to bespoke support at 1.7135
Buying EURNZD at 1.7135. Stop 1.7095 Target 1.7230
Higher timeframes offer a bearish bias so caution needed
Good luck!
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