EURNZD is one of the pairs that have presented a clear pattern that gives us a clue of what the market is likely to do next.
From the picture below, the trend line is drawn from the bigger picture i.e. higher timeframe, price had respected this trend line a couple of times. From the beginning of the week, price bounced from the trend line and found a resistance at 1.70422, to make a dip I believe is a minor pullback to 1.6931, and then the buying pressure resumes in the direction of the uptrend.
In my opinion, the buying pressure may push further to 1.70403, then we may experience further breakout to the upside or perhaps a consolidation.
Disclaimer: What I have shared above is not a financial or investment advice of any sort, it’s just for educational purposes only, whatever trading decision you make is at your own risk.
편집됨
면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.
