Price has Respected long term D1 Channel and price also provided a double bottom on the 4H Time-frame at the bottom of the long term channel
Price looks to then be going bullish from on wards.Risk to Reward also provided SL:1.1880 tp:1.14418
TENEMOS ESTE PAR EN OBSERVACIÓN YA QUE SE ENCUENTRA EN CONSOLIDACIÓN ENTRE LOS PUNTOS 1.87500 Y 1.81600, PARA MAS CONFIRMACIÓN DE VENTAS ESPEREMOS QUE ROMPA EL PUNTO 1.81600 Y LO RESPETE COMO RESISTENCIA PARA IRNOS EN CORTOS, (PODEMOS APROBECHAR LOS MOVIMIENTOS QUE HAGA EL MERCADO EN BAJA TEMPORALIDADES...
1st confimation:(Currency strength)
According to trading view forex screener JPY is second most strongest currency after USD & CHF is most weakest currency of all major currencies. These makes CHF/JPY pair go for sell..
2nd confirmation:( Ichimoku kinko hyo)
Price crossed the cloud.
Tenkan crossed kijun.
I think EURNZD going to buy. Because its previous section like Min 30, H1, H4, are on his strong support line. So Bearish cannot break his strong support line. so in Day 1 they going to up in bullish. So its is (SL 1.67877) == (TP 1.71114)