EURNZD: Will be extremely bullish next week| Forex| Setupsfx_|

EURNZD expected to reject from current key level and continue the bullish trend. However, there is a risk involved as price may drop between the marked two blue lines and rebound strongly from that region. Although, there is another possibility is that price can create AB=CD pattern and if it does follow that route then price can touch our second blue line and rebound from there. So it is better to have our options clear.

Good luck and trade safe.

Trade ist aktiv:

Price rejected twice at the area that we are interested in, however price failed to rebound strongly as we expected due to NZD being bullish which dragging the price down. Although, next week we expect price to moves strongly towards our target area which will help us gain 400 pips.