EURNZD is currently trading within a rising, expanding channel and recently reached a new higher high on a 4-hour timeframe, violating a significant horizontal resistance level.
This could indicate a possible continuation of the upward trend towards the 1.920 resistance level.
The best entry point to consider is within a demand zone formed by a broken structure and the trend line of the rising channel.
This could indicate a possible continuation of the upward trend towards the 1.920 resistance level.
The best entry point to consider is within a demand zone formed by a broken structure and the trend line of the rising channel.
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Join our Telegram channel for daily market update 👇👇
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For paid signal👇👇 t.me/linofx1999
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.