Forex

EUR/NZD Confluence at Lower Bollinger Band & W L3 Pivot

August 14, 2018

1 min read

tarantula fx

Head of Trading

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EUR/NZD Confluence at Lower Bollinger Band & W L3 Pivot

Hi traders,

The EUR/NZD could make a bullish spike around W L3 camarilla level towards the middle BB line.

The price has reached the confluence zone just above the weekly L3 level mad 1.7275-90 could spike the price to the upside. Due to the vicinity of W L3 and D L5 along with lower BB, pay attention to 1.7220-40 too. If the price proceeds to the upside targets are 0.7314 and 0.7386. Bounces are expected as long as the pair holds above 0.7220.

Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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