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EURNZD: Important Decision Ahead! Your Plan: 🇪🇺🇳🇿
Euro / Dollaro neozelandese
Short
EURNZD: Important Decision Ahead! Your Plan: 🇪🇺🇳🇿
Di VasilyTrader
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Aggiornato
24 ago 2021
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23 ago 2021
EURNZD is trading within a key daily structure resistance cluster.
On that, the price is currently consolidating within a horizontal trading range.
1.715 - 1.716 is its resistance.
1.7045 - 1.7065 is its support.
For now, I see two equally possible scenarios:
Bearish
In case of a bearish violation of the support of the range,
bearish continuation will be expected.
Next support will be 1.69
Bullish
In case of a bullish breakout of the resistance of the range,
a trend following movement will be expected.
Next resistance will be 1.73
Wait for the breakout & follow the market.
❤️Please, support this idea with a like and comment!❤️
24 ago 2021
Nota
Check my new analysis on BITCOIN, WTI OIL, AUDUSD, EURJPY:
EURNZD
forexmarket
fxtrading
newzealanddollar
Parallel Channel
Supply and Demand
trader
Wave Analysis
VasilyTrader
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