EUR/NZDDaily Resistance not broken and trendline holding too.
We could see a Double Top forming too.
Eurnzdsell
Panic and fear propels EURNZD to new highs, Sell HigherDramatic sell-off in Wall Street has led to a sharp decline in the value of risk assets such as AUD, NZD and CAD.
However, we can uncover potential opportunities amidst this panic environment.
EURNZD is already up by over 800 pips in the last 10 days and it is expected to continue its uptrend a little more.
However, soon it will face stiff resistance as I have indicated in my chart.
So, smart traders will place sell limits in the resistance area at 1.7910-1.7980 with SL above the resistance area.
If the sell set-up is valid, we can take profit at 1.67 area
EURNZD SELL OANDA:EURNZD SELL FROM 1.7410
TP1-1.7120
TP2-1.6840
Hello traders this is my selling plan for eurnzd pair if you have a other idea please write on the comment below or if you agree please support with like my idea
EURNZD Approaching Resistance Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
EUR/NZDWe can see a Double Top forming on the H4 timeframe if it doesn't break the Resistance.
The daily timeframe is also a Double Top most obviously scenario.
EURNZD in the wick-area for some multiple touches hello traders, we see that the level 1.72000 has some good history with multiple supports and resistances. The price rejected the 1.72000 and came back to touch it again. personally, I expect some choppy level around this area with multiple touches at the area before making a bearish movement.
shortterm: long
longterm: short
Eur/Nzd (Looking To Sell) Price looks to be retracing at the 50 percent retracement level of yesterday's candle. Price has totally stalled out on earlier time frames.
EURNZD bounced from support, potential for a further rise!
EURNZD bounced off 1.68721 where it could potentially rise further to 1.69466.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURNZD ShortEURNZD Short ---- Why?
If u can see weekly we have nice 3 pin bar formation (bearish) new lower low confirmed,
so the trend is bearish.
Now we have to look for a daily retracement 30 - 50% cuz it was an agressive sell order and 1.6700 will meet soon.
EURNZD bounced from support, potential for a further rise!
EURNZD bounced off 1.67936 where it could potentially rise further to 1.69054.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURNZD bounced from support, potential for a further rise!
EURNZD bounced off 1.68616 where it could potentially rise further to 1.69649.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURNZD reversed from resistance, potential drop!
EURNZD reversed off its resistance at 1.71261 where it could potentially drop further to 1.70349.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURNZD potential reversal!
EURNZD expected to rise up to 1st resistance at 1.71540 where it could potentially react off and drop down to 1st support at 1.68980.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Good short opportunity for EURNZDGood short setup for #EURNZD
1.7376 is a good level to enter after the confirmation of the wave.
It's a previous impulse (nov 12) and 1.61 of Fibo
Entry point 1.7376
TP 1.72
SL 1.745
EURNZD potential reversal!
EURNZD expected to rise up to 1st resistance at 1.70546 where it could potentially react off and drop down to 1st support at 1.69632.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURNZD potential reversal!
EURNZD expected to rise up to 1st resistance at 1.70546 where it could potentially react off and drop down to 1st support at 1.69632.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
EURNZD Market Outlook | Daily Forex Market BreakdownEURNZD
Looking a bit tricky overall I am favoring more downside movement but I believe that we could have a nice push to the upside before we roll over back down. Keeping an eye on this pair for now.
EURNZD SHORTSwe going to get bearish momentum on EURNZD pair to the downside for few pips
with price just off wave 3 at the moment
EUR/NZD : Short Term Sell and Longer Term Buy Big Descending Channel looking for the Upside, Buy on the Bottom of the Struture.
ThankYou
EURNZD Market Outlook | Daily Forex Market BreakdownEURNZD
Keep in mind the bears are still in control. EURNZD is going a bit sideways for the time being. Potential trades soon, but I feel there is better set ups for us. That being said if a solid opportunity presents itself then I will be taking a trade on EURNZD
EURNZD Market Outlook | Daily Forex Market BreakdownEURNZD
As anticipated we have just had a retest of 1.69. EURNZD looks a bit tricky at the moment. Keeping a close eye on EURNZD for the time being. We could be seeing a fake out to the upside. I am favoring more downside movement soon. Time will tell.
