Eur/Nzd

[FM1881]

Elliott: impulse wave up 1.6039
Uptrend is still intact in a triangle configuration. It should continue to rally to 1.5972 or 1.6028 if support around 1.5888 hold. After which a pullback to 1.5888 - 1.5848 zone is possible.
Technical points
Key point 1.6034
Entry point 1.5891
Elliott 1.5468
Closing 1.5947
Projection 1.6156
Trendline 1.5802
Trendline 1.5830
Supports / Resistances
Res 2 1.6109
Ex-High 1.5970
Res 1 1.6028
Pivot 1.5888
Sup 1 1.5807
Ex-Low 1.5749
Sup 2 1.5668
Channels & Oscillator
1.56451.56961.58591.59100 %15 %50 %85 %100 %

[HaseebQammer]

Eur/Nzd

Market trend is bullish.

Resistance levels are
R3. 1.7083
R2. 1.6981
R1. 1.6899

Support levels are
S1. 1.6723
S2. 1.6645
S3. 1.6539

[Sajidblock]

Eurnzd ki market ka pair strong selling ka bana huwa hai and mujhy lagta hai next 2 days main markt down ki traf movement kar sakti hai so main ye suggest karun ga humain yahan se sell ki trades laga deni chahie ye traders k lie kaafi profitable sabit ho sakti hai Good luck current rate 1.6860

[Tanveer333]

i am with you lets go long
in my count should be the begining of the 3rd wave
i will wait for bullish conformation on daily(there is one already on 4h)
i am already selling aud and nzd against usd, and buying eur/aud, so playing this pair may be too much,
but its good set up

[Hanif484]

Daily chart -- violent move up following the gap fill of the April French presidential election. So far looks like 3 waves. Resistance into 1.58-9 if another move higher

[Tanveer333]

This is how I am looking at this pair.. yes I am looking to buy on the lower timeframe - 60 min.. thanks to all new followers and all good feedback here.. you guys have been amazing and also finding me on TV - excellent trades to come in this pair to the upside. I will not spam post a ton of charts, but it is impossible to see the 1hr set up otherwise.. let me know if you want to see it.. happy trading.. i am thinking a good move up early next week!

[Hanif484]

There is a possible ultra bullish case here for a middle third, so long as stated wave (ii) holds. Alternatively we are looking at a completed 5 up, and are now in wave A of a three wave correction.

[Tanveer333]

They finally broke out of consolidation it seems. I am anticipating some accumulation on the top trend line before a bullish breakout.

Is this the big move many traders have been waiting for? With current EUR strength it seems possible

[Asif777]

Well real harmonic traders could tell whether price action breached the origin of the pattern (certainly not on a closing basis anyway). Looking for a back-test of the prior resistance before popping higher..

[Hanif484]

It is a bit early to say, but EUR/NZD looks to be forming a bottom here without violating the 1.47900 level.