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JonasBuusJ

EURNZD LONG TERM TRADE IDEA

Long
Euro / New Zealand Dollar (FX:EURNZD)  
JonasBuusJ  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
EURNZD has broken a long term resistance level at 1.75000

50 EMA has been below the 100 EMA since August 2011, but it now seems like it is crossing above again.

I therefore see potential in buying a pullback to the previous resistance which would then act as support.
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