on DAILY: EURNZD is approaching a strong support/resistance zone in blue so we will be looking for objective buy setups on lower timeframes.
on M30: this pair is still overall bearish making lower lows and lower highs, and it is now forming a trendline (not valid yet).
so we are waiting for a third swing to form around it to consider it objective and enter on its break upward.
on M30: this pair is still overall bearish making lower lows and lower highs, and it is now forming a trendline (not valid yet).
so we are waiting for a third swing to form around it to consider it objective and enter on its break upward.
This analysis is done using RichTL
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www.RichTL.com
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