EURNZD is bullish above 1.69 with a target at 1.74 for 500 pips
The pair has made a clear and strong rebound on the weekly support at 1.66 as expected. We gave you the entry point in our previous analysis.
If you missed it and you are not in the trend, It would be interesting to wait a breakout of the resistance of the wedge at 1.69 in order to avoid any pullback.
Another and much more profitable scenario would be waiting for a pullback then take a long trade at 1.67 in order to reach 1.74 for 700 pips.
If you want to enjoy the same trades that we take, we invite you to subscribe to our signals offer.
Happy trading !
If you missed it and you are not in the trend, It would be interesting to wait a breakout of the resistance of the wedge at 1.69 in order to avoid any pullback.
Another and much more profitable scenario would be waiting for a pullback then take a long trade at 1.67 in order to reach 1.74 for 700 pips.
If you want to enjoy the same trades that we take, we invite you to subscribe to our signals offer.
Happy trading !
