EURNZD – Long signal

The EURNZD is trading in a bullish market condition, its pretty close to the next LT resistance level but I think we still have some room left to get a good trade here.

In the short term charts, the EURNZD retraced back to the main ST support level and formed a significant pattern with upward pressure:

Here are the details of my trade:

Entry: 1.8406
SL: 1.8358
TP: 1.8555

It has a 3:1 risk reward ratio.

Trade Safe!

Raul Lopez
Forex Training

EURNZD Analysis

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .