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EURNZD: Important Decision Ahead! Your Plan: ๐ช๐บ๐ณ๐ฟ
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EURNZD: Important Decision Ahead! Your Plan: ๐ช๐บ๐ณ๐ฟ
VasilyTrader์
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์ ๋ฐ์ดํธ๋จ
2021๋ 8์ 24์ผ
4
7
24
24
2021๋ 8์ 23์ผ
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.
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
2021๋ 8์ 24์ผ
๋ ธํธ
Check my new analysis on BITCOIN, WTI OIL, AUDUSD, EURJPY:
EURNZD
forexmarket
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newzealanddollar
Parallel Channel
Supply and Demand
trader
Wave Analysis
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