We detected some bearish signs in this pair *A lower High and Lower Low *Price sitting bellow the Ma200 *Price has bouced from the POC of Volume Profile 2 times before and seems like this will be the third time *Price is touching the upper wall of this down channel
THIS PAIR IS ENTERING IN RANGE ZONE AFTER COMPLETING HARMONIC PATTERN FRIEND PUSH LIKE AND FOLLOW US FOR MORE UPDATES PLEASE DO UR OWN ANALYSIS WHEN U ENTER TO A TRADE
Pattern: Channel Up on 1W. Signal: Bearish as the price has been rejected on the Higher High trend line. Target: 1.7000 (projected contact with the 1W MA200, which has been supporting since 2017).
If you can see middle bollinger band works a support to the current candle in daily chart and there is support which is tested couple of time as well. RSI shows that once its touch the 50 level price move up accordingly. TP's and SL is up to you all depend on your account. Note: Trade at your own risk. Fundamentals are not involved in this analysis. Like and...
EURNZD is in bullish trend and its better to hold your trade short term or long term basis. Middle bollinger band giving good support to price to go up and MACD blue line is crossing the orange line soon. Note: Trade at your own risk. Like and comment us.
Pattern: Channel Down on 1D. Signal: Bearish once a new Lower High is made. Target: 1.6700 (as a Lower Low) and 1.6500 as a support extension.