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Mihai_Iacob

EurNzd- I'm maintaining my long trade

Long
Euro / New Zealand Dollar (FX:EURNZD)  
Mihai_Iacob  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators EURNZD eurnzdlong eurnzdanalysis eurnzdforecast eurnzdbuy eurnzdsetup eurnzdbullish eurnzdsignal eurnzdidea
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trendanalysis chartpattern indicator eurnzd eurnzdlong eurnzdanalysis eurnzdforecast eurnzdbuy eurnzdsetup eurnzdbullish eurnzdsignal eurnzdidea
After it has found a bottom in 1.7 zone and a first leg up to 1.735, EurNzd made a higher low at around 1.7050 and for 10 days now is trading in a range.
I expect this range to be broken to the upside and a new leg up to follow.
My target for this trade is 1.7500 with interim resistance at 1.7350 (previous high)
This bullish outlook is valid as long as the price stays above 1.7050
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