After establishing a double bottom at 1.92 and then a double top around 1.98, this pair is staring to develop some momentum to the up side. Not the cleanest of charts, but for the most part, the pair is respecting support/resistance areas. I am looking for a pull back to the 1.975 area to take a long. EURNZD also looks similar but the next resistance is closer, so prefer this one.
I would love get your thoughts on this.
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Always use sound money and risk management in all your trades.
I would love get your thoughts on this.
If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications.
Always use sound money and risk management in all your trades.