Week 31: EURNZD - Bullish
Updated
I am bullish on this pair as long as the POE at 1.548 holds. Price has broken past 200 EMA and respecting it as seen on 13 July. At the moment, price is ranging between 2 POCs. I believe there will be a breakout soon. 1.55884 is a nice support while 1.567 is proofing to be a strong resistance.
Note
ice break to the up side. Same as EURAUD, order was not triggered. Perhaps I should also place a buy stop order when price breaks the trench.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.