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Trade idea - EURNZD Long term BUY

Long
Euro / New Zealand Dollar (FX:EURNZD)  
FxLabsPlus  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators EURNZD eurnzdlong
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trendanalysis chartpattern indicator eurnzd eurnzdlong
Based on the monthly and daily charts, EURNZD has produced a trade opportunity above 1.69 handle.The price currently is at 1.6942.
We expect the price to touch 20 SMA which is around 1.73 handle after taking support from fib retracement on the 5 year price swing.
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