EURNZD Trending Higher – Bullish Continuation Toward 1.88040

3月4日

EURNZD is currently trading within an ascending channel, indicating a strong bullish structure. The price has broken above a key resistance zone and may now pull back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation.

If buyers confirm support at this level, the price is likely to move upward toward the 1.88040 level, which represents a logical target for this setup. Conversely, a failure to hold support could signal a potential bearish shift.

Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions.

Let me know your thoughts or any additional insights you might have! 🚀

7 天前

交易結束：目標達成

Take Profit Reached