EUR/NZD starting the new Bullish Impulse by ThinkingAntsOk
2020-02-07 19:24:36
4H CHART EXPLANATION:
Price was on a downtrend, but it started to lose momentum. New higher highs and higher lows was printed, and the Ascending Channel was broken. Now, it did a pullback towards the broken trendline of the channel, and it was rejected. We expect a new bullish impulse on this pair. Will look for a lower timeframe setup.
DAILY CHART ANALYSIS:
https://www.tradingview.com/x/JHd28JHk/