Quick EURNZD update:
This pair has been stubborn against technicals but technicals will always come out.
We have a broken down trend line on the daily and looking for price to break 1.7100 area. Once we have a break of this level I expect price to climb towards 1.7500-1.7600 area.
Good luck and let me know if I can help in any way.
Charles V
CVFX Management
Trading made Simple
This pair has been stubborn against technicals but technicals will always come out.
We have a broken down trend line on the daily and looking for price to break 1.7100 area. Once we have a break of this level I expect price to climb towards 1.7500-1.7600 area.
Good luck and let me know if I can help in any way.
Charles V
CVFX Management
Trading made Simple
Note
Confirmation of down trend line break with huge bull candle. Look to enter on short time frame retraces towards 1.7500
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.