ThinkingAntsOk

EUR/NZD Bullish Scenario / Top-Down Analysis

Long
FX:EURNZD   Euro / New Zealand Dollar
🔸4H CHART EXPLANATION:
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🔸Price bounced at the Daily Support Zone.
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🔸It has broken the Descending Trendline.
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🔸We need a breakout of the Resistance Zone to confirm the bullish view. The potential target is the next Resistance level at 1.8200.
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🔸 Will look for a lower timeframe bullish setup.

🔸DAILY CHART ANALYSIS:


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