Trade Idea: EURNZD – Buy on Dip Toward Trend Line Support

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Expires: 13/05/2025 06:00

Trade Idea
  • Type: Buy Limit
  • Entry: 1.8810
  • Stop Loss: 1.8725
  • Target: 1.9050
  • Duration: Intraday


Technical Overview
  • The primary trend for EURNZD remains bullish, with recent price action showing a controlled pullback.
  • Price is approaching a well-defined ascending trendline, offering strong support near 1.8800.
  • Buying on dips into this zone offers a favorable risk/reward opportunity.


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