EUR/NZD 4HR // 09 July 2024 Analysis
EUR/NZD currently has a downtrend setting up with 3 previous touches on the trendline and another one with a sweet rejection from both the marked area of support/resistance as well as the trendline.
Confirming a good rejection on a lower timeframe, we can look for potential sells, a good target would be around the 1.75000 area.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
Confirming a good rejection on a lower timeframe, we can look for potential sells, a good target would be around the 1.75000 area.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
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