EURNZD after a fall from horizonal zone approached to 0.618% fib level. The same zone is confluence of fib level and horizontal support. The bullish candles formation on support shows that bulls can get control from here.
The bulls need to hold the support zone . While bears will be in control below break of support.
Trade your levels accordingly.
The bulls need to hold the support zone . While bears will be in control below break of support.
Trade your levels accordingly.
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Related publications
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.