Lingrid | EURNZD potential PULLBACK trade

٦ يوليو ٢٠٢٤

The price perfectly fulfilled my last idea. The 1H chart is showing a strong uptrend, with the EURNZD having recently broken and closed above the psychological level of 1.76000. The price action had previously formed a triangle pattern, which was ultimately broken through. I'm expecting a retest of the support level and the channel border. To confirm a buying signal, I'm looking for a fake breakout of this level. My target is resistance zone at 1.76900

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

٩ يوليو ٢٠٢٤

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