ForexTrendline

EURNZD reversal potential

Largo
FX_IDC:EURNZD   Euro/Dólar neozelandés
Last week we saw a break in the downward movement of EURNZD.
The impulse rise managed to break through the descending channel, but not the previous peak.
Now it looks like there will be a new break attempt.
If we see a rise above 1.7340, we will already have a higher peak and expect the price to continue to 1.7433 and 1.7497.

Entry is currently considered risky, so consider your individual trading style.
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