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Logical_Knight
Oct 7, 2019 3:41 PM

EUR/NZD - Possible Target In Case Of A Bullish Breakout Long

Euro Fx/New Zealand DollarFXCM

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The trend on the daily chart still seems bullish, so the next target for the price could be the resistance drawn on the monthly chart.
Obviously I won't take this trade blindly, but I will wait for the retracement of the bullish breakout, the optimal confirmation for me would be an engulfing pattern on the 4H TF.

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Comments
transparent-fx
here is what i will be following on eurnzd, nice pair to follow
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