EURNZD - looking to go long

EURNZD

1. Price is approaching a major support level (last seen in Oct 2017)
2. Awaiting a buy signal to print
3. I will include conditions like price crossing 20ema if need be
4. This setup will offer a good risk to reward ratio
5. Watch out for a breakout or false breakout to the down side (the more times the level is tested the more likely it is to break)