TradersChoice_Kieran

EURNZD BULL RALLY WILL CONTINUE

Long
FX:EURNZD   Euro / Dollar Néo-Zélandais
With this pair we can see a huge double bottom on the daily/ weekly timeframes which correlates with the break& retest of the resistance which also happens to be the retest of the 200day MA as well as seeing the 50day & 200day MA crossing over. We have one drawdown within this potential channel so we can expect another one after this current impulse reaches the next major resistance/ trendline and so then price should carry up to fill this huge weekly range to meet major highs since October 2018.

Too many indicators proving bullish rally continuation, this is simply no coincidence....

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.