FuturesForexClasses

EURNZD / H4 / Daily Forex Technical Analysis / 6.25.2019

Long
OANDA:EURNZD   Euro / Dollar Néo-Zélandais
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 25th, 2019 and we will be taking a look at the Euro against the New Zealand Dollar. We are looking for price action to have a minor pullback into its previous area of support near the 1.71 region. If we do get a pullback and it holds at the the 1.17 area we would be looking for an optimal entry for a profitable long trade. Looking for an entry Long near the 1.71395 area. With a stop loss at the 1.70817 region, and a target profit level area of 1.72661 to possibly ensure a 2.19 to 1 R/R.

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