EURNZD has been pushing down quite nicely. As I am watching the 4 hour I see price has reversed. Let me break down the reversal on the 4 hour:
1. The last lower high was 1.62789
2. Price made a higher high at 1.62813
3. Price made a higher low at 1.61935
4. Price made a new higher high at 1.63083
All of this indicates at this moment buyers are in the market. The best way to participate is to anticipate a pullback. If this week, price can pullback and stay above 161935 that will be a good opportunity to become a buyer back up to 1.63083 if this is a true higher high.
1. The last lower high was 1.62789
2. Price made a higher high at 1.62813
3. Price made a higher low at 1.61935
4. Price made a new higher high at 1.63083
All of this indicates at this moment buyers are in the market. The best way to participate is to anticipate a pullback. If this week, price can pullback and stay above 161935 that will be a good opportunity to become a buyer back up to 1.63083 if this is a true higher high.
Pesanan dibatalkan
Price on EURNZD has pushed past 1.61935 which invalidates the buy setup per the 4 hour timeframe.
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.
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.