EURNZD is in a corrective structure following a short, but strong, upside impulse.
Looking at the weekly chart (down below) the impulse has yet to begin!
A trade not to be missed.
Updates on lower timeframes will follow.
Looking at the weekly chart (down below) the impulse has yet to begin!
A trade not to be missed.
Updates on lower timeframes will follow.
Note
Note
Weekly chart above.Note
Note
4hr chart above. The longer than expected correction that followed the first impulsive upside movement is coming to an end. One more short timed downward movement, and the price will probably be ready to continue its impulse. Too be watched closely this coming week. Updates will follow.
Trade with care.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.