LDForex_

EURNZD- Bullish Momentum on reversal of 38.2 Fib Level!!

Long
FX:EURNZD   Euro / New Zealand Dollar
Price is currently trading in an ascending triangle and has reached the demand zone level with confluences of the 38.2 fib line and the support of the ascending triangle . There is potential that price will retrace from these levels and a very good opportunity to go long on this pair!!
Lets see what happens during the week!
Comment: Bears were in complete control till it reached the golden ratio (61.8) and price is holding onto the level which will hopefully see the bulls take control and see bullish momentum on the pair.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out