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Trading ahead of priority and critical event is risky but on the other hand if we handle it carefully then we may also get good profits in no time. I would like to choose EURNZD for NZ bearish and NZDCHF for NZ bullish. NZD is so bullish and it is signalling that it may post highs again if the interest rate happened with little dovishness. Yet, critical event always surprises you and hence prepare for both. In line with this, please find the NZDCHF 4HR chart,
Though the 4 HR chart shows a bearish englufing candle, considering the critical decision ahead it may also remain as a just a pullback. I would like to go long if the price crosses 0.7495 region.
Now, please find the daily chart analysis of EURNZD,
As the above analysis shows, 1.54 region acted as a decent support in past multiple times and even now as well it dipped little below 1.54 but suddenly bounces back. I would go long on then when price crosses 1.5545 region.
Let's wait and see the decision and market reaction!
Though the 4 HR chart shows a bearish englufing candle, considering the critical decision ahead it may also remain as a just a pullback. I would like to go long if the price crosses 0.7495 region.Now, please find the daily chart analysis of EURNZD,
As the above analysis shows, 1.54 region acted as a decent support in past multiple times and even now as well it dipped little below 1.54 but suddenly bounces back. I would go long on then when price crosses 1.5545 region.Let's wait and see the decision and market reaction!
