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SignalProvider
Sep 10, 2023 12:42 PM

EURNZD Is Going Up! Long!  Long

Euro Fx/New Zealand DollarFXCM

Description


Please, check our technical outlook for EURNZD.

Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish

The market is approaching a significant support area 1.817.

The above observations make me that the market will inevitably achieve 1.825 level.

P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.

Like and subscribe and comment my ideas if you enjoy them!
Comments
LegionQ8
that would be great entry point, thanks
UnitedSignals
I agree with your technical outlook!
FX32A
Let's see how it turns out so far so good
TheFxAce
You've outlined your long idea beautifully. Your understanding of market forces is clear. Have you ever considered teaching trading?
ProSignalsFx
Thank you!
VasilyTrader
Cheers, bro!
FirstNameHelen
Beautiful idea friend. Thank you!
SignalProvider
What do you think about this idea EURNZD?
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