Malika_Analysis

EURNZD LOOKING GOOD FOR A BULLISH EXTENSION

Long
FX:EURNZD   Euro / New Zealand Dollar
I previously marked up EURNZD with a bullish prospective ( i have attached the previous mark ups). Price recently broke out bullish after respecting support.

Price is currently moving bearish into what i would see as a retracement. So price has the potential to reach the support i have marked at the grey price line which is also our entry and move bullish again.

Entry - Grey line
Stop loss - Red line
Take profit - Green line

Happy trading all
Trade active

Comments