EURNZD shows signs of a bullish trend after testing a significant intraday support level.
There is a clear breach of a resistance line in a descending channel and a breakout of a neckline in a cup and handle pattern.
This suggests that we can anticipate an upward movement in the near future, with target levels at 1.7759-1.7820.
There is a clear breach of a resistance line in a descending channel and a breakout of a neckline in a cup and handle pattern.
This suggests that we can anticipate an upward movement in the near future, with target levels at 1.7759-1.7820.
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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.