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EURNZD D1: Best Levels to BUY/SELL TP +400/+800 (SWING)(NEW)

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FX:EURNZD   Euro/Dólar neozelandés
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EURNZD D1: Best Levels to BUY/SELL TP +400/+800 (SWING)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG since we are locked inside range with bullish BIAS.


🔸 Summary and potential trade setup
::: EURNZD 2daily/candle chart review
::: locked inside trading range
::: technical setup: inverted H*S
::: revised/updated outlook
::: REVISED/UPDATED to BULLISH OUTLOOK
::: short-term more upside / into FED
::: targeting 7050 range highs
::: retail positioning in EURNZD
::: favors more short-term gains now
::: 6 000 std lots short vs
::: 2 000 lots long
::: expecting LONG SQUEEZE soon
::: exactly same pattern as
::: summer/autumn 2021
::: lower risk / recommended strategy
::: BUY DIPS / market BUY TP 7050
::: FINAL TP BULLS is 7050
::: chart looks good but slow price action
::: patience required if you want to make money
::: recommend to focus on swings only don't
::: try to trade this intraday
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 6550 fresh demand zone
::: 6755 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: /RANGE/BULLS
::: Sentiment outlook mid-term: BEARS/REVERSAL/7050

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