EURNZD TRIPLE BOTTOMED

EURNZD TRIPLE BOTTOMED

Dec 04, 2023

The EURNZD Pair Fell in the previous week and is now bouncing back up from the 1.7500 psychological level. This coincides with a Triple bottom on the Daily Timeframe. All things being equal and we stay above 1.7500, I'm expecting buyers to push price up at least to 1.78750 which coincides with the 50.0 Fibonacci retracement of the move from 1.82861 to 1.74800.

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