EURNZD: Classic Fibonacci Confluence 🇪🇺🇳🇿

От VasilyTrader
снимок

EURNZD retraced to a peculiar confluence zone:
we see a perfect match between a horizontal demand cluster,
618 & 382 retracemenets of the last two bullish impulses.
In addition to that, the price formed a bullish engulfing candle approaching that structure.

I expect growth.

Goals:
1.69
1.70

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Candlestick AnalysisEURNZDFibonacciforecastpriceactionSupply and DemandTechnical Analysistrader
VasilyTrader
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