EURNZD is trading within a narrow consolidation trading range on 6H.
1.67 - 1.6715 is its resistance
1.653 - 1.655 is its support.
The price is approaching its resistance now.
To sell with a confirmation wait for a bearish breakout of a rising channel on 1H.
Goals will be 1.6615/1.655
In case of a bullish breakout of resistance of the range, the setup will be invalid.
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⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
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.