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VladimirRibakov

EURNZD Short Term Forecast

Long
Euro / New Zealand Dollar (OANDA:EURNZD)  
VladimirRibakov Updated   
OANDA:EURNZD   Euro / New Zealand Dollar
Trend Analysis Trend Lines Multiple Time Frame Analysis EURNZD buy Bullish Patterns forecast Bullish Divergence range Trend Line Break
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trendanalysis trendline mtfa eurnzd buy bullish forecast bullishdivergence range trendlinebreak
H4 - The price which is moving inside a range has currently bounced from the bottom of it. Bullish divergence.

H1 - Bullish divergence, the price which is moving higher has currently broken above the most recent downtrend line.

Currently, it looks like a correction is happening, we may expect further continuation higher after correction.
Comment:
This buy setup moved higher exactly as per the plan and delivered 200+ pips move!
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