Weekly EURNZD Long Term Analysis
Appears we are on a third wave already which should last approx eight more months. Volume break above the red resistance line should reconfirm upward trend and expect a TP at 2.00.
Note
Sorry not eight more months, a little over a year to about april or may 2021..Note
If this is the case, would be much better to focus on taking profits on long trades rather than risk counter trend trading imo.
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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.