EURNZD Sell the break setup.
Updated
EURNZD - Intraday - We look to Sell a break of 1.6319 (stop at 1.6351)
We are trading at oversold extremes.
A break of yesterdays low would confirm bearish momentum.
Daily pivot is at 1.6320.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.6231 and 1.6211
Resistance: 1.6370 / 1.6400 / 1.6440
Support: 1.6330 / 1.6300 / 1.6270
We are trading at oversold extremes.
A break of yesterdays low would confirm bearish momentum.
Daily pivot is at 1.6320.
There is no clear indication that the downward move is coming to an end.
Our profit targets will be 1.6231 and 1.6211
Resistance: 1.6370 / 1.6400 / 1.6440
Support: 1.6330 / 1.6300 / 1.6270
Trade closed: target reached
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