privatedvlper

EURNZD ANALYSIS

Long
OANDA:EURNZD   Euro / New Zealand Dollar
Price has been rejected at the 1.8000 resistance multiple times this year. Yesterday, price made new highs above 1.8100 for the first time. A breakout and close above this long term resistance in the coming days will be a strong signal for the next bull run. The best strategy here would be to wait for the breakout and buy on retest.
Comment:
Works like Magic ! 150 PIPS ON THE TREND !
Comment:
The market did indeed confirm the breakout and made new highs on the trend. A retest of the broken resistance will offer a buying opportunity!
Comment:
300 PIPS FLOATING !
Comment:
Works like Magic. Simple support, resistance and breakout analysis !
Comment:
1.8100 broken resistance ( now support ) being retested in real time !
Comment:
The uptrend resumes o the Daily TF !

Thedeveloper
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