We can look for longs here as long as EURNZD stays one week above 1.65544.
A nice entry is 1.68088, but I'm not sure if it'll reach that low.
Up to each trader's criteria.
The trade is valid already, so feel free to enter on retrace and/or market.
Time to scale in.
David Alcindor reminded me to look at this pair. He posted one of his geo formations, suggesting a long trade here was possible.
Indeed, we have a potential long term uptrend in the eurusd pair, and nzdusd formed a weekly sell signal, so eurnzd as a longterm uptrend is still valid.
We have a clear setup here, stop loss is wide, but risk/reward is great.