ForecastCity

Don't miss the great buy opportunity in EURNZD

Long
FX:EURNZD   Euro / New Zealand Dollar
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6815). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EUR/NZD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 79.

Take Profits:
TP1= @ 1.6913
TP2= @ 1.7050
TP3= @ 1.7305

SL= @ 1.6725

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