EUR/NZD Trade Idea

Hello and welcome to my Trade Idea of the currency pair EUR/NZD.

Lets start with the Top Down Analysis.


Monthly: The monthly timeframe is bullish. Also the last monthly candle closed as big filled bullish candle.

Weekly: We see on the weekly timeframe a bullish momentum too.

Daily: The strong trendline will be drawn on the daily timeframe. The second touch included a fakeout.


Have a nice day.