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Erady_Pascal
Sep 2, 2021 5:29 PM

TRADING SETUP FOR EURNZD 

Euro / New Zealand DollarFOREX.com

Description


EURNZD is currently approaching the daily support level. However, in the intraday timeframe, there is a very nice falling wedge which is a reversal structure.
Look for the opportunity to buy once the structure is broken and retested. Also, the formation of the double bottom on the support will add an extra trigger to BUY the market.

NB; once the price continues to fall below the yellow structure, the setup will be INVALID.

What's your opinion on EURNZD? Comment below...
Comments
piuspascharates
Erady_Pascal
@piuspascharates, Thanks for your support brother. Let's see
piuspascharates
@Erady_Pascal, YOU ARE WELCOME!
jae614
Strong level of support definitely a buy
Erady_Pascal
What is your plan on EURNZD?
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