MOMENTUM SHIFT ON EURNZD. GO LONG

Por Johanph
EURNZD has bounced back from major SUPPORT zone and FAILED to make lower LOW

Price has been moving in accumulation phase for a period of time before:
BREAKING OUT of important trendline and CROSS EMA 50 on 1h.

Price is expected to retrace to support level before pushing to the UP SIDE.

POTENTIAL LONG AT AROUND 1.66425

Chart PatternsTechnical IndicatorsTrend Analysis

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