Could We See the EUR/NZD Reaching 1.7265 Level ?

💡 Trade Idea

📉 Buy Limit EUR/NZD @ 1.7125

🎯 Target Profit 1.7265

🛑 Stop Loss 1.7055

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description:
The pair is trading within a corrective channel and heading towards the 50 % fibonnaci pullback. Our expectation is that the price will hold around the daily support 1.7125 level before making its move to the upside.
fakebreakoutFibonacciFibonacci RetracementForexPivot PointspriceactionSupport and ResistanceTechnical Analysistopdownanalysis

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