CollegeofPips

EUR/NZD a Potential Move Upward to the 1.7074 Mark 🚀🚀🚀

Long
OANDA:EURNZD   Euro / Dollaro neozelandese
💡 Trade Idea

📈 Buy Limit EUR/NZD @ 1.6952

🎯 Target Profit 1.7074

🛑 Stop Loss 1.6912

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:

The price managed to break out of the bearish channel and posted a “double bottom” around the daily support which indicates a potential reversal. The price now is trading around the neckline, so we expect a lower correction and then most probably a move upwards to the 1.7074 level.

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Risk Disclaimer: All trading ideas published by collegeofpips are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️

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