{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eurnzd-engulfing-bar\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eurnzd-engulfing-bar\/","headline":"EURNZD Engulfing Bar","name":"EURNZD Engulfing Bar","description":"The EURNZD moved higher during\u00a0yesterdays\u00a0sessions after producing a Bullish Engulfing Bar (BUEB). Price has been stuck in a range and this BUEB was formed at the low of the range which was also acting as support. After the high of the BUEB was taken out, price flew higher to now be sitting just under the […]","datePublished":"2012-11-30","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/11\/eurnzd.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/11\/eurnzd.png","height":"272","width":"611"},"url":"https:\/\/forexschoolonline.com\/eurnzd-engulfing-bar\/","about":["Price Action Charts in Focus"],"wordCount":127,"articleBody":"The EURNZD moved higher during\u00a0yesterdays\u00a0sessions after producing a Bullish Engulfing Bar (BUEB). Price has been stuck in a range and this BUEB was formed at the low of the range which was also acting as support.After the high of the BUEB was taken out, price flew higher to now be sitting just under the top of the recent range. This move higher gave the traders who entered this setup a chance to take profit or protect their capital.Price has\u00a0respected the high of\u00a0this range on 3 previous attempts to break through. If the range holds we could see price fall back lower. If however price can break through resistance we could see a new up-trend take place. EURNZD 4HR CHART – 30 NOV 2012 "}