EUR/NZD - We reached a strong support area - time to grow?
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Hi guys we are looking into EUR/NZD -
A. Key Support and Resistance Levels Resistance: Look for resistance levels at 1.8200, 1.8400, and 1.8600 if the uptrend continues. Support: The key support zones to monitor are 1.7800 and 1.7600 in case of pullbacks. B. Moving Averages If the 50-day moving average crosses above the 200-day moving average (Golden Cross), it signals a bullish continuation. A price movement consistently above the 200-day moving average suggests a long-term uptrend. C. Trendlines and Chart Patterns A breakout above a descending trendline could indicate bullish momentum. A bullish flag or ascending triangle pattern could suggest further price appreciation. D. RSI & MACD Indicators RSI (Relative Strength Index): If RSI remains between 50-70, it supports a steady uptrend. An overbought RSI (>70) may indicate a temporary pullback before further gains. MACD (Moving Average Convergence Divergence): A bullish crossover above the signal line suggests growing upward momentum.
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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.