EURNZD - LONG SETUP
EURNZD has broke above key daily resistance with a strong bullish impulse, which has been followed by a correction to test previous resistance as new support. During the correction market has formed this nice counter trendline on the 4hr time, i am now expecting the continuation to the upside and market to go and form a new higher high from a daily perspective. I am waiting for a 4hr close above the counter trendline then we can look to execute the long on the retest.
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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.