EURNZD reversing up analysis
we reached a support zone on this pair
I have some reasons that I believe prices is going to be bullish :
1. we have a falling wedge pattern that signals bullish
2. price reached a strong resistance that have been tested two times
3. we have a bullish divergence between price and RSI
it can be a bullish signal with a good ratio
but this is just and analysis , make your own decision
I have some reasons that I believe prices is going to be bullish :
1. we have a falling wedge pattern that signals bullish
2. price reached a strong resistance that have been tested two times
3. we have a bullish divergence between price and RSI
it can be a bullish signal with a good ratio
but this is just and analysis , make your own decision
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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.
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.