Get started
Euro / New Zealand Dollar

EURNZD Analysis

By csohrab
EURNZD made a strong impulsive move to the upside this past week. I am favoring a slight pullback in the form of a bull flag and then another impulse up to the 61.8% confluent with psychological level 1.73000. Overall I am bearish on EN but due to this impulsive movement last week I do see us eventually pushing up into 1.73000. Keeping a close eye on this. I am not a financial advisor. This is not financial advice. This is for educational purposes only.
barspatternEURNZDeurnzdlongeurnzdshortFibonacciFlagimpulseSupport and Resistance
csohrab

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.