TheTradersAvenue

EURNZD > Could We Have a Breakout of Resistance!?

Long
FX:EURNZD   Euro / New Zealand Dollar
Analysis of #EURNZD


the EURNZD currently testing its resistance level near 1.6288-1.6310, if the market successfully breaks and closes above its resistance level is ill then look for trend continuation pattern to get in a buy trade

this week we have FOMC Press Conference and NFP, it is going to be volatile, that's why I will be careful and wait for confirmation before I make a trade



⚡ Be aware that due to the global tension we currently live In, markets are not following or respecting chart patterns and technical analysis.


________________________________________
💭 | Comment your thoughts below, I always answer.
📥 | Feel free to message me if you have any questions.

Thanks for your continued support!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.