#EURNZD - H1
📣 Upon reviewing the 1-hour timeframe, with the break of the downtrend line around 1.8085, one may consider initiating a buy position with a target of 1.8160.
⛔ Stop Loss: 1.8030
On the other hand, with the breach of the 1.8030 range, a favorable outlook for a price decline towards the 1.7970 range could be considered.
⛔ Stop Loss: 1.8080
📣 Upon reviewing the 1-hour timeframe, with the break of the downtrend line around 1.8085, one may consider initiating a buy position with a target of 1.8160.
⛔ Stop Loss: 1.8030
On the other hand, with the breach of the 1.8030 range, a favorable outlook for a price decline towards the 1.7970 range could be considered.
⛔ Stop Loss: 1.8080
Trade closed: target reached