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EURNZD approaching an oversold area
Euro / New Zealand Dollar
Long
EURNZD approaching an oversold area
By TheSignalyst
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Jun 4, 2020
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Jun 4, 2020
on DAILY: EURNZD is approaching a strong support/resistance zone in blue so we will be looking for objective buy setups on lower timeframes.
on M30: this pair is still overall bearish making lower lows and lower highs, and it is now forming a trendline (not valid yet).
so we are waiting for a third swing to form around it to consider it objective and enter on its break upward.
breakout
Chart Patterns
EURNZD
Technical Indicators
oversold
rejection
reversal
support
Trend Analysis
zone
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