EUR/NZD Long-Term Trend: Bullish
Key Resistance Levels: 1.68353, 1.68660, 1.69027.
Key Support Levels: 1.67453, 1.67153, 1.66907.
1-Hr Time Frame:
The price on the higher time frame is traded inside a bullish channel formation where it is posting higher highs and lows indicating that we are in a clear upward movement. This is expected to continue after the correction that was established now.
EUR/NZD Medium-Term Trend: Bullish
15-Mins Time Frame:
On the lower time frame, the market succeeded to break the bullish flag to the upside after the bulls found buyers below the support @ 1.67340 NZD mark. A lower correction could be seen before a new impulsive wave toward the target profits.
Buy Limit Order @ 1.67340
TP 1 @ 1.68305
TP 2 @ 1.68660
Stop Loss @ 1.66860
Trade Safely 🙂