EURNZD Possible Buy
Looking at EURNZD for the week, I see the possibility of it going long, I expect price to break the POC area of 1.75010 to the upside or pullback to the POC area 1.73030 before going long, knowing that more positions were added on long on the EUR compared to the short, Also there is more weight on the NZD compared to the EUR, again the volatility for Eurnzd is low compare to the previous week. Therefore, my overall bias for this pair is long but might not move much.
Wait for a proper price action before going long as the price may likely go down for a stop hunt.
Also, let me know your take on the comment session about this pair. thanks
Wait for a proper price action before going long as the price may likely go down for a stop hunt.
Also, let me know your take on the comment session about this pair. thanks
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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.