EURNZD seems bullish, pull back after a big bullish breakout
We can see on this chart a big breakout (big green candle and big volume) after a strong consolidation between 2011 and 2020.
After the breakout EURNZD made a pull back around its recent breakout (around 1.7950). If a new bullish trend has started the price will bounce and go make new all time high (since 2010).
Good long opportunity : buy right now (small contract) at 1.7983.
SL at 1.7700
Keep this trade and follow the trend, especially if the price go up to 1.9400.
After the breakout EURNZD made a pull back around its recent breakout (around 1.7950). If a new bullish trend has started the price will bounce and go make new all time high (since 2010).
Good long opportunity : buy right now (small contract) at 1.7983.
SL at 1.7700
Keep this trade and follow the trend, especially if the price go up to 1.9400.