EURNZD: Bullish Confirmation Again
EURNZD successfully broke a key resistance level and closed above it with a strong bullish candle last week.
After breaking through this level, the price began to consolidate within a horizontal range on the 4-hour chart.
A bullish breakout from this range would provide additional confirmation of the bullish momentum.
It is likely that the price will continue to rise, possibly reaching 1.8050 or higher.
After breaking through this level, the price began to consolidate within a horizontal range on the 4-hour chart.
A bullish breakout from this range would provide additional confirmation of the bullish momentum.
It is likely that the price will continue to rise, possibly reaching 1.8050 or higher.
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