EurNzd- strong reversal from supportAs I said yesterday, EurNzd looks bullish with strong support around 1.75 zone.
The pair had a quick dive under this zone and reversed strongly to be traded around 1.76 at the time of writing
I maintain my first target of 1.78 for this pair and, if the day is closing with bullish engulfing we can see my target reached sooner rather than later
Eurnzdbuy
EurNzd- 1.75 is strong supportAfter reaching 1.8 important figure, EurNzd dropped fast and found support at 1.75 zone.
The pair si consolidating now just above this support and a new revisit of 1.78 resistance is probable.
I'm bullish on this pair as long as the price says above 1.75 on the daily close basis and buying dips is my strategy
EUR/NZD: Daytrade-preparation!!! LONG 26/OCTEUR/NZD: Daytrade-preparation!!! LONG
#Swing
Eurnzd
Market-BUY : 1.77200
Stop-loss : Close Break 1.76800
Target1 : 1.78350
Target2 : -
📌 If you find this helpful and want more FREE forecasts in TradingView
🙏Please show your support back,
Hit the LIKE button 👍
Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
EurNzd- buy at 1.77 zone?Two days ago, EurNzd put a nice Pin Bar in 1.76 zone visible on the daily chart and, with yesterday's bullish daily candle this completes a morning star candle formation.
On h4 chart we can clearly see that the descending trend line is broken and now the pair is consolidating with a slight tent of correction (a flag more or less)
1.77 could be a good place for longs and only a drop under support would change this bullish outlook.
1.8 could be the target for bulls which gives them a R:R of more than 1:2
EurNzd- where to buy?The medium-term trend for EurNzd is up and I expect this to continue and the pair to challenge 1.8200 in the near future.
Now the price is in a normal correction which can provide us with a good opportunity to buy on dips.
My focus is on 1.78 zone where I will look for a buy signal
EUR/NZD BUY SIGNALHey tradomaniacs,
welcome to new free trade-setup.
EUR/NZD: Daytrade-Execution🔁
Market-Buy-Order: 1,77300
Stop-Loss: 1,76780
Target 1: 1,77835
Target 2: 1,78155
Target 3: 1,78650
Target for One-Target-Trader: 1,78155
Stop-Loss: 52 pips
Risk: 0,5% - 1%
Risk-Reward: 2,51
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)