EURNZD Buy the head and shoulders.
Updated
EURNZD - Intraday - We look to Buy at 1.6683 (stop at 1.6647)
Daily pivot is at 1.6660.
Dips continue to attract buyers.
We look to buy dips.
This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside.
A bullish reverse Head and Shoulders is forming.
Price action looks to be forming a bottom.
Our profit targets will be 1.6798 and 1.6868
Resistance: 1.6750 / 1.6800 / 1.6860
Support: 1.6700 / 1.6680 / 1.6650
Daily pivot is at 1.6660.
Dips continue to attract buyers.
We look to buy dips.
This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside.
A bullish reverse Head and Shoulders is forming.
Price action looks to be forming a bottom.
Our profit targets will be 1.6798 and 1.6868
Resistance: 1.6750 / 1.6800 / 1.6860
Support: 1.6700 / 1.6680 / 1.6650
Order cancelled
Related publications
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.