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EUR/NZD Potential Upward Movement

EUR/NZD Long-Term Trend: Bullish

Key Resistance Levels: 1.6520, 1.6552, 1.6612

Key Support Levels: 1.6379, 1.6294, 1.6150

Daily Chart:

The price on the higher time frame has been in an uptrend for the last few weeks and has formed a higher-high, higher-low pattern. The pair has broken a resistance level of 1.6335 with good momentum that indicates a bullish continuation.

EUR/NZD Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. The price was trading in a range between 1.6379 and 1.6294 and then there was an attempt to break to the downside but the price reversed and has broken the upper range. The pair is now continuing the move after doing a retest. 

Signal Idea:

Buy Limit Order @ 1.6444

TP 1 @ 1.6519

TP 2 @ 1.6594

Stop Loss @ 1.6369

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.

12 comments

  1. It’s hit 47 pips tp1 not 75 pips lol false information

  2. Sir EURNZD Signal Hit TP1 With 47.6 Pips But Why You Are Showing TP1 Smash With 75 Pips In Your Channel ? Please Explain This 😊 Thank You ❤️

  3. 1) What is the min. deposit do i need in order to use the “FREE Robot” ?

    2) and what’s the monthly price to join the VIP Signal Group ?

  4. FOLLOWING YOUR FIRST SIGNAL TODAY. HOPE IT GOES WELL. WILL TRY TO BE PATIENT.

  5. An instant order and not seeming to go well now.

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