EURNZD - HTF Outlook will evolve for a trade plan

22 nov 2020

EURNZD

This is my outlook for EURNZD for next week Nov 23-27.

Putting in consideration the following:
1- HTF Solid Bearish Momentum
2- Weekly tested Solid support zone
3- Daily Bearish Close
4- 4H Bearish momentum
5- 1H Potential Bullish momentum

Also a reference note:

Historical Points on EURNZD
- It intends by end of Nov to slow down in trend to reverse in Dec.
- So if we just reached a support or at least this week another low, i expect it to reverse in Dec