Hello Traders, 🙋♂️🙋♂️🙋♂️
Here we have a
EURNZD long trade idea. If you like this idea please show your support!
EUR
Euro (EUR) weakness can be expected as we can see other EUR pairs approaching the top of their channels & showing signs of resistance.
$NZD
The New Zealand Dollar ($NZD) has been gaining some strength recently. Technically we can see other NZD pairs showing signs of support and we can expect some bullish momentum soon, pushing this pair further down.
Overall
Our analysis tells us this pair should push downwards. As we have matched 2 pairs which are moving in opposite directions we should expect some impulses or sudden movements in price action as both pairs factors will push this down further.
If you want to improve your trading, check out my other ideas! 📲
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas below!
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Here we have a
EURNZD long trade idea. If you like this idea please show your support!EUREuro (
EUR) weakness can be expected as we can see other EUR pairs approaching the top of their channels & showing signs of resistance.$NZD
The New Zealand Dollar ($NZD) has been gaining some strength recently. Technically we can see other NZD pairs showing signs of support and we can expect some bullish momentum soon, pushing this pair further down.
Overall
Our analysis tells us this pair should push downwards. As we have matched 2 pairs which are moving in opposite directions we should expect some impulses or sudden movements in price action as both pairs factors will push this down further.
If you want to improve your trading, check out my other ideas! 📲
Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Be sure to check out my other ideas below!
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