EURNZD: Both Moves Are Possible

Euro / New Zealand Dollar (OANDA:EURNZD)

Updated

OANDA:EURNZD Euro / New Zealand Dollar

Trend Analysis Chart Patterns Wave Analysis

trendanalysis chartpattern waveanalysis

EURNZD: Both Moves Are Possible

Price is showing a pattern that can move in both ways.

it's a very simple trading scenario. The current price zone is very strong
and it can push the price down for correction.

If EURNZD will find the right volume to move above the pattern it may grow further
up to the short-term target.

Thank you and Good Luck!

Trade closed: target reached:

snapshot

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