TheSignalyst

EURNZD - Keep It Simple πŸ“Š

Short
TheSignalyst Updated   
FX:EURNZD   Euro / New Zealand Dollar
Hello TradingView Family / Fellow Traders,

On Daily: Left Chart
EURNZD has been hovering inside a big range and it is currently approaching the upper bound of the range acting as a resistance zone.

On 1H: Right Chart
πŸ“ˆ For the bears to take over, we need a momentum candle close below the neckline highlighted in gray.

πŸ“‰ Meanwhile, EURNZD would be bullish short-term and can still trade higher inside the daily resistance.

πŸ“š Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Richard Nasr
Trade closed: target reached

This analysis is done using RichTL
www.RichTL.com

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