EURNZD - Intraday - We look to Buy a break of 1.6885 (stop at 1.6856)
Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
A break of 1.6880 is needed to confirm follow through bullish momentum.
Price action looks to be forming a bottom.
We look for a temporary move higher.
Our profit targets will be 1.6972 and 1.7024
Resistance: 1.6880 / 1.6940 / 1.6980
Support: 1.6810 / 1.6750 / 1.6700
Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher.
A break of 1.6880 is needed to confirm follow through bullish momentum.
Price action looks to be forming a bottom.
We look for a temporary move higher.
Our profit targets will be 1.6972 and 1.7024
Resistance: 1.6880 / 1.6940 / 1.6980
Support: 1.6810 / 1.6750 / 1.6700
Trading ditutup: stop tercapai
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.