The pair broke the up trend and it is forming now a down channel as shown on the H4 chart.
I suggest sell from current levels at 1.6182 with target at the lower line of the channel (1.6030), and SL above the upper line of the channel (1.6230).
eurnzdmt5.JPG
the pair today comes down to break the resistance at 1.6095 but it can not break it now it return back to its up way
as it target 1.6212 as a near target it may go farther than this to 1.6250 but lets see what will happen in the next hour as i
prefer to buy it
The pair started to move down after facing the strong resistance level @ 1.6565 (100.0%) , i expect more drop for this pair . it may has some slight rise till the resistance level again , but then i expect it to fall down so i suggest to sell the pair on the long term with stop loss point above the resistance level with about 10 pips , we can't set the target profit at the uptrend line shown in the chart or at the next support level @ 1.6278 (61.8%) as they are so far of the current position of the pair , sell with stop loss @ 1.6575 and control your profit manually . Good Luck
it is obvious that we have a strong moving up trend on the H4 chart and also we have a support level@61.8% so i predict that EURNZD will move upward out tp1@100% as we have a strong support level @this level.
Yeah,On my H1 chart, the price currently breakout support line at 1.6167.
And showing the strong bearish here, I expect it will reach to 1.6123.
Moving in up trend shown on H4 chart , i think we can buy now as the pair tested the trend as shown , and will continue up till reach the resistance level at 1.6539 and make retest , good luck all
eurnzd.JPG
On the H1 chart, the price of success is bullish until the third resistance but failed to breakout and instead turned to the second resistance. I think it will return to the previous level to 1.5827 resistance first.
FROM ZERO TO HERO
IF YOU THINK YOU CAN, YOU CAN
Take a look at support level at 1.6235 and resistance level who fail to broke at 1.6295. In general, when the level is touched, the price will go rebound for about 20-30 pips. We can try to set pending order for this pair at that level.
EURNZD has been rejected by the resistance level at 1.6282.
I think this pair may fall and try to reach 1.6161. But if EURNZD can break 1.6305, this pair will turn the direction and may go up to 1.6393
Spoiler:
EUR / NZD is removed in a continuous downward trend and is now able to Fibonacci 61 urges closure of this we expect the arrival of Fibonacci 76.4
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