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Apr 23, 2021 9:31 AM

EURNZD H4 - Long Setup Long

Euro Fx/New Zealand DollarFXCM

Description

EURNZD H4

This is exactly what we wanted to see when we marked this up yesterday, a bit of a correction from resistance to then break on the second attempt.

This just means we shouldn't expect such a big correction after we (hopefully if) break resistance price of 1.68.

Looking to break 1.68 resistance, retest as support and trade long up to 1.69700 ish. Massive 1:7 on that basis.
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