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RandyFuego

EURNZD 4H Bullish reversal / Long opportunity

Long
Euro / New Zealand Dollar (FX:EURNZD)  
RandyFuego  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Support and Resistance Trend Lines
5
0
trendanalysis supportandresistance trendline
We expect the Euro to recover some strength after February's selloff. As shown on the chart, EURNZD have created a strong support around the 1.68376 area. A triangle with a bullish breakout indicates a potential bullish reversal in this case.
In this case we expect a 230 pips increase.


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