Price Attempting Breakout
Similar to the EURNZD, price at the momentum is trying to breakout higher.
The difference in this market is that price has been in a trend higher on the daily charts since March of this year.
This breakout would be inline with the trend and would be forming a new higher high.
Similar to the EURNZD, we could watch the breakout old resistance to hold as a new potential price flip support level for long trades should price quickly rotate lower on the smaller time frames.
The difference in this market is that price has been in a trend higher on the daily charts since March of this year.
This breakout would be inline with the trend and would be forming a new higher high.
Similar to the EURNZD, we could watch the breakout old resistance to hold as a new potential price flip support level for long trades should price quickly rotate lower on the smaller time frames.
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.
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.