EUR/NZD Bullish Scenario / Top-Down Analysis
🔸4H CHART EXPLANATION:
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🔸Price bounced at the Daily Support Zone.
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🔸It has broken the Descending Trendline.
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🔸We need a breakout of the Resistance Zone to confirm the bullish view. The potential target is the next Resistance level at 1.8200.
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🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price bounced at the Daily Support Zone.
.
🔸It has broken the Descending Trendline.
.
🔸We need a breakout of the Resistance Zone to confirm the bullish view. The potential target is the next Resistance level at 1.8200.
.
🔸 Will look for a lower timeframe bullish setup.
🔸DAILY CHART ANALYSIS:
Aviso legal
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