EliteTradingSignals

EUR/NZD BULLS WILL DOMINATE THE MARKET|LONG

Long
FX:EURNZD   Euro / New Zealand Dollar
Hello,Friends!

We are going long on the EUR/NZD with the target of 1.758 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band.However, we should use low risk here because the 1W TF is red and gives us a counter-signal.

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Comment:
I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!

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