Early this week we had a EURNZD trade on the 4 hour chart - however it was quickly nullified, no conviction. This led to a pretty harsh sell off for a couple of days before rebounding and staying above a certain daily strength that was identified.
To finish off the week, EURNZD not only closed above on the 4 hour chart - but managed to secure the daily AND weekly close for this newly defined move.
I fully expect EURNZD to make an almost immediate move to 1.7000 during the first 2 days of trading next week, a retest of 1.7250 area by week's end. For additional upside - I have my eye on NZDUSD looking for that close below .64000. Should that confirm I will be targeting a move much higher between 1.75-1.80, one step at a time though.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.