EUR/NZD - Possible Target In Case Of A Bullish Breakout
Updated
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Any and all commentary, research, analyses, or other information published by me on this website are provided as general market commentary, and do not constitute investment advice nor a solicitation and there are no guarantees associated with them. I am not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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The trend on the daily chart still seems bullish, so the next target for the price could be the resistance drawn on the monthly chart.
Obviously I won't take this trade blindly, but I will wait for the retracement of the bullish breakout, the optimal confirmation for me would be an engulfing pattern on the 4H TF.
Any and all commentary, research, analyses, or other information published by me on this website are provided as general market commentary, and do not constitute investment advice nor a solicitation and there are no guarantees associated with them. I am not liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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The trend on the daily chart still seems bullish, so the next target for the price could be the resistance drawn on the monthly chart.
Obviously I won't take this trade blindly, but I will wait for the retracement of the bullish breakout, the optimal confirmation for me would be an engulfing pattern on the 4H TF.
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