ThinkingAntsOk

EUR/NZD Short Term Bullish Analysis

Long
FX:EURNZD   Euro / New Zealand Dollar
🔸4H CHART EXPLANATION:
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🔸We consider that most of the EUR pairs have a bullish output in the short term.
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🔸In this case, we can observe that price bounced at the Support Zone and broke the Descending Trendline.
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🔸It is consolidating on a corrective structure, and we are waiting for a bullish breakout here.
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🔸 If that happens, then we consider that it has potential to reach the Resistance Zone.

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