• Vasily Trader

EURNZD: Ranging Market & Trading Plan

EURNZD is trading within a narrow consolidation trading range on 6H.

1.67 - 1.6715 is its resistance

1.653 - 1.655 is its support.

The price is approaching its resistance now.

To sell with a confirmation wait for a bearish breakout of a rising channel on 1H.

Goals will be 1.6615/1.655

In case of a bullish breakout of resistance of the range, the setup will be invalid.

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