ThinkingAntsOk

EUR/NZD Bullish Forecast

Long
FX:EURNZD   Euro / New Zealand Dollar
🔸4H CHART EXPLANATION:
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🔸Price bounced at the Support Zone where it has bounced multiple times.
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🔸It has broken the Descending Trendline.
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🔸The long term target is the Resistance Zone at 1.8200 if price manages to break the previous local highs.
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🔸We can observe that there is a lower timeframe consolidation at this moment. We are planning a trade based on that price level.
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Comments

Good work
+2 Reply
AliqaisGMTF Saeed966
@Saeed966 perfect
Reply
Bad analysis
Reply
it's possible I guess, but there is too much selling now in eurusd and it's really weak
due to latest developments in France.
Reply
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