EUR/NZD has been in an uptrend for quite a while now and we can see a small downtrend form on the 1HR timeframe.
Waiting to see how price reacts to the trendline and the support/resistance zone drawn around the 1.9000 psychological price area.
Looking for potential sells if we get a good rejection from the area as well as the trend line and could look for potential long term swing targets.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
Waiting to see how price reacts to the trendline and the support/resistance zone drawn around the 1.9000 psychological price area.
Looking for potential sells if we get a good rejection from the area as well as the trend line and could look for potential long term swing targets.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
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