EURNZD: Massive Rally in the Works
Hello fellow risk-takers,
In the immediate preceding idea, which panned out perfectly, I mentioned how EURNZD is still very bullish but had to fall first to gather renewed momentum present at key support areas to break into new higher highs.
EURNZD has reached a VERY liquid support and ready to resume its rally. I expect the rally to be massive, immediate, and direct, in the coming days. The recent sell-off was not a reversal but an attempt to gather fresh bullish momentum at lower lows.
Although anything can happen, however, a rally is more probable than not.
Happy Trading
______
*This information is for entertainment purposes only and shouldn't be construed as investment advice.
In the immediate preceding idea, which panned out perfectly, I mentioned how EURNZD is still very bullish but had to fall first to gather renewed momentum present at key support areas to break into new higher highs.
EURNZD has reached a VERY liquid support and ready to resume its rally. I expect the rally to be massive, immediate, and direct, in the coming days. The recent sell-off was not a reversal but an attempt to gather fresh bullish momentum at lower lows.
Although anything can happen, however, a rally is more probable than not.
Happy Trading
______
*This information is for entertainment purposes only and shouldn't be construed as investment advice.
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Price action significantly changed.
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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.
Publications connexes
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.