EURNZD AROUND A STRONG ZONE!

Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX

If you like the idea, do not forget to support with a like and follow.

EURNZD APPROACHING A STRONG ZONE!

As we can see price is still overall bullish trading inside this channel from a long-term perspective.

Meanwhile, price is sitting around a strong supply zone, where we will be looking for new bearish movements,

And from a short-term perspective, price is still bullish trading inside this channel and for the bears to take over as per my trading plan we need new swing low to be formed around the lower rising channel as shown on the chart then a break.

And as usual 1-2 risk to reward ratio from a risk management perspective.


If you like this kind of analysis don't forget to like and follow

and as usual follow your trading plan and manage your risk.

Be patient and good luck!
Chart PatternsSupport and ResistanceTrend Analysis

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