EURNZD GROW in chanel

My last forecast for this pair was on October 6th. Let me remind you that then we analyzed that the price entered a small channel and broke through the support zone and after that growth to the upper border of the channel - the resistance line.


Now we see that the price continued to move in the channel. Also, there is a strong support line near the lower border of the channel, which has existed since 2017. This also speaks in favor of price growth.


Now we see that the price continued to move in a small upward channel. And now I have come to its lower border - the support line. Based on the price readings over the past month, I expect that now the price will bounce off this line and come to the 1.804 resistance line.

Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩‍💻