EURNZD: Structure Based Bullish Forecast

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Euro / Dólar Neo-zelandês (FX:EURNZD)

FX:EURNZD Euro / Dólar Neo-zelandês

Trend Analysis Chart Patterns Technical Indicators Forex euro newzealanddollar EUR NZD EURNZD forecast Technical Analysis trading

trendanalysis chartpattern indicator forex euro newzealanddollar eur nzd eurnzd forecast technicalanalysis trading

snapshot

EURNZD reached a key daily/4H structure.
we see a nice bullish engulfing candle based on that, confirming the significance of the underlined level!

on 1H the price has formed a double bottom and successfully broken above its minor resistance.

based on that I expect a further bullish continuation.

target levels:
1.783
1.790

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