CollegeofPips

EUR/NZD a Potential Move Upward to the 1.7074 Mark πŸš€πŸš€πŸš€

Long
OANDA:EURNZD   Euro / New Zealand Dollar
πŸ’‘ Trade Idea

πŸ“ˆ Buy Limit EUR/NZD @ 1.6952

🎯 Target Profit 1.7074

πŸ›‘ Stop Loss 1.6912

❌ Do not risk more than 1 % of your account on each trade

πŸ™‚ Good Luck !

Description:

The price managed to break out of the bearish channel and posted a β€œdouble bottom” around the daily support which indicates a potential reversal. The price now is trading around the neckline, so we expect a lower correction and then most probably a move upwards to the 1.7074 level.

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