The Euro has been rising against the New Zealand, but It is approaching near supply level. The RSI is located near the number 70 which indicates oversold levels. This is an important historical level as the price has been there 3 times prior. The Fibonacci 61.8% level is also located at our entry range.
The entry ranges are between the 1.7000 and 1.72182
Target is sat at 1.68435, in order to continue in the trade once our target is met, the daily candle would have to close under our target.
The entry ranges are between the 1.7000 and 1.72182
Target is sat at 1.68435, in order to continue in the trade once our target is met, the daily candle would have to close under our target.
EUR/NZD Long term trade...
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