EURNZD to find support at Marabuzo level?

26 сент.

EURNZD - 24h expiry

The overnight rally has been sold into and there is scope for further bearish pressure going into this morning.
The bullish engulfing candle on the daily chart is positive for sentiment.
Yesterday's Marabuzo is located at 1.7695.
Bespoke support is located at 1.7700.
Preferred trade is to buy on dips.

We look to Buy at 1.7705 (stop at 1.7645)
Our profit targets will be 1.7855 and 1.7895

Resistance: 1.7806 / 1.7840 / 1.7900
Support: 1.7749 / 1.7700 / 1.7609

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