Get started
Marto_Jekko

$EURNZD potential long after .5 fib retracement

Long
Euro / New Zealand Dollar (OANDA:EURNZD)  
Marto_Jekko Updated   
OANDA:EURNZD   Euro / New Zealand Dollar
Trend Analysis Pivot Points Fibonacci
1
1
trendanalysis pivotpoints fibonacci
We could observe pretty significant jump in EURNZD after retracting from 0.5 fib on daily chart. Note the level from Oct. 2018 which matches with 1.618
Trade active:
Today we might face some resistance because of 250 and 400 SMA are exactly on the way of the price. If we break them and continue forward the next resistance is Monthly pivot of 1.70500 and yearly pivot 1.71114. Until then the price have clear skies.

Related Ideas

Marto_Jekko
$EURNZD interesting tripple top.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.