EURNZD is going to retest the major support after 13 months and this made -500 Points

EURNZD Analysis:

EURNZD came to the major support zone after a long time of 13 months.

Now, EURNZD is trying to retest the support again after touching it on the previous week.

Let’s wait for the confirmation of bounce back or breakout at this major support.

In the 4-hour timeframe chart, EURNZD is moving in a descending channel by forming lower highs and lower lows.

eurnzd bouncing up after hitting the lower low zone in 4hr chart

After the confirmation of this bounce back from the lower low zone, EURNZD Buy signal is given.

But EURNZD has fallen down to retest the support zone again which leads to the stop-loss price.

eurnzd reached 500 points SL

Get Each trading signal with Chart Analysis and Reason for buying or selling the trade which helps you to Trade with confidence on your trading account.

Want to increase your profits in trading? Get the best trading signals at an accurate time. Try premium or supreme signals now:



Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.

Don't trade all time, Trade Forex only at Confirmed Setup