JamesKabyemela
Long

Is EURO still bullish?

FX:EURNZD   Euro Fx/New Zealand Dollar
This is all technical based. I have ichimoku that indicates a bullish sentiment backed up by AB=CD with its parameters of 1.27,0.786 respectively and the crossing of 150 and 365 emas. You can also see the price is approaching the parabolic sar , this could mean its the end of bearish trend .

Now if the market breaks the R1 level, the price will be bound to settle down at R2. R2 could be our potential take profit.

Good luck and happy trading :)

Related Ideas

Kid__Vintage
2 years ago
EURNZD is at weekly and monthly resistance level.

i wouldn't buy now
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