Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
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EURNZD APPROACHING A STRONG ZONE!
As we can see price is sitting around a strong support zone lining up with a rising channel as an over-all direction,
Meanwhile, we will be looking and interested more with new longs.
Moreover, from a shorter-term perspective, price is still overall bearish trading inside this falling broadening wedge, and for the bulls to kick in we need a break above the marked major swing high by a momentum candle close, Then a movement higher would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
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and as usual follow your trading plan and manage your risk.