EURNZD: Well positioned again for another bearish move
EURNZD: Well positioned again for another bearish move
From our previous analysis of EURNZD, the price has transformed the picture to bullish and now it has changed back to bearish.
The pattern is strong and bearish, the main problem lies in NZD. It has been very weak for a long time without any clear reason. I can’t say that the GDP data is good, but we have seen many countries with bad economic indicators and their currencies are strong.
Simply put, we are not at a clear moment. The pattern is bearish, but NZD is still very weak. However, we cannot ignore the chart that shows a downward movement, however it may develop later.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
From our previous analysis of EURNZD, the price has transformed the picture to bullish and now it has changed back to bearish.
The pattern is strong and bearish, the main problem lies in NZD. It has been very weak for a long time without any clear reason. I can’t say that the GDP data is good, but we have seen many countries with bad economic indicators and their currencies are strong.
Simply put, we are not at a clear moment. The pattern is bearish, but NZD is still very weak. However, we cannot ignore the chart that shows a downward movement, however it may develop later.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
Dagangan aktif
Target _1 reached
Dagangan ditutup: sasaran tercapai
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Penafian
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✅MY FREE Signals Channel
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
t.me/TradingPuzzles
✅Personal Telegram
t.me/KlejdiCuni
✅Suggested News Channel
t.me/ForexNewsNavigator_Official
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.