EURNZD 4-Hour Downside Breakout
Been monitoring this for a while and there's currently a downside breakout. What makes this signal so strong is the confluence with the daily timeframe.
The 1.7033 level is also a daily support (give or take). Since price is also breaching this level on the daily level, this signal is stronger than ever in my opinion. I am expecting further downside.
The 1.7033 level is also a daily support (give or take). Since price is also breaching this level on the daily level, this signal is stronger than ever in my opinion. I am expecting further downside.
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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.