rhino-8

rhino-8

Breakout and retest of channel, looking for a push to recent highs

rhino-8

OANDA:EURNZD Price seems to have come back up to the broken support from last week around 1.6780 and rejected off it confirming continued sells. If price can stay below 1.6710 area I see this pair going back down to the recent low(1.6650) and possibly down to touch the weekly zone at 1.6590.

rhino-8

Seeing that we are near the weekly support level and currently respecting the marked zone on the 4hr chart, I am anticipating a upwards correction to broken area shown above. Look for bullish momentum on 1hr to enter trade. OANDA:EURNZD

rhino-8

Looking for either a bounce back up or a break and retest down to the recent lows.

rhino-8

Solid pin bar at support on daily.

rhino-8

Pinbar at previous support turned resistance

rhino-8

Sell signal shown in price action on daily.