eurnzd pattern, 1 more bounce before 1 final impulse wave down
Updated
Price seems to have hit a confluence of support. Price's expected path shown above.
eurnzd is oversold on the 4hr.
Note that nzd is weak due to an ongoing trade war. Near term rally is due to strong gdp data but i don't think this is permanent.
Also, eur data in 30min, so i will wait till volatility is over.
eurnzd is oversold on the 4hr.
Note that nzd is weak due to an ongoing trade war. Near term rally is due to strong gdp data but i don't think this is permanent.
Also, eur data in 30min, so i will wait till volatility is over.
Note
1.747 is the next support. As of this comment price is at the 1.75135 mark, a fib support. I don't think it'll hold though
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