ThinkingAntsOk

EUR/NZD at the Confluence Zone

FX:EURNZD   Euro / New Zealand Dollar
🔸4H CHART EXPLANATION:
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🔸Price bounced at the Confluence Zone between the Ascending Trendline and the Support Zone.
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🔸Bullish View: in case price starts an upside move, the first target is the Resistance Zone at 1.79500.
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🔸Bearish View: in case price breaks the zone to the downside, the bearish target is the Support Zone at 1.72000.
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🔸 Will look for a lower timeframe setup.

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