TimakaFx

EURNZD H1 POTENTIAL BUY IDEA

Long
OANDA:EURNZD   Euro / New Zealand Dollar
I am anticipating a potential buy on eurnzd h1 timeframe. Price having settled above a bullish inside bar while trading with good momentum towards a potential supply zone at 1.7787 gives a signal that we may see a bullish rally into the area. I am anticipating a little retest into a minor but significant demand zone at 1.76844 that has held a couple of swings.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.