EURNZD seems that the uptrend is not over yet | Buy opportunity!
Hello traders,
We been observing EURNZD for a potential buy opportunity. We noticed that the pair has been in an uptrend, creating classing higher highs and higher lows. Yesterday we witnessed a strong sell off in the pair that settled closer to the 1.70000 psychological level which is also a demand zone. We are currently seeing a strong bullish reaction from this zone. We believe the pair is about to resume with its bullish momentum. We will monitor price on lower timeframes to see if it can give us an opportunity to go long.
If you have any suggestion or opinion related to this idea, please share it in the comment section below.
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We been observing EURNZD for a potential buy opportunity. We noticed that the pair has been in an uptrend, creating classing higher highs and higher lows. Yesterday we witnessed a strong sell off in the pair that settled closer to the 1.70000 psychological level which is also a demand zone. We are currently seeing a strong bullish reaction from this zone. We believe the pair is about to resume with its bullish momentum. We will monitor price on lower timeframes to see if it can give us an opportunity to go long.
If you have any suggestion or opinion related to this idea, please share it in the comment section below.
Do not forget to show your support of this idea with likes if you find this helpful.
