We are in an area where price has reversed before, we are looking for buys in this area EURNZD - BUY SL - 1.69570 TP - 1.75211
Price has hit a level of resistance, it is currently tracing to a lower level of support before continuing the up trend.. BUY once price closes above the line on a 4H to the target area
EUR/NZD is approaching a very strong demand area, from which I would expect the price to make at least pullback, if not even Reverse from its current down turn.
Expecting this pair to head back up before continuing down trend
Looking at a buy on the reversal on this pair. Missed the first entry. Entered where marked on chart. Price pulled back to 50% level. Anticipating buy to 61.8 extension
I expect euro will get stronger next week based on my last analysis on this quote. I expect some real bullish pressure from EURNZD. The Bearish trend was clearly broken to the upside.
as we have seen on the chart EURNZD has meet strong resistance at 1.76000 we expect it rising following the channel toward the major downward trend line, then contunue falling
After a rejection of 1.74000, I look to buy until 1.176500
BUY @1.82287 STOP LOSS @1.75975 TAKE PROFIT @1.97910 TRAIL @1.79131