EUR/NZD shorts

By enzobalardini
EUR/NZD has been in a downtrend for a very long time, so we are looking for shorts. Price broke out of a key support level, around 1.65430. We can expect price to retrace back to this level, and we can take a sell after conformation of trend continuation. This key level also is also 61.80% fib retracement level, which adds another confluence for a short around this level.
Double Top or BottomeurnzdshortfibretracementForexkeylevelsmultipletimeframepriceactionpriceactionanalysissellsignalSupport and ResistanceTrend Analysis

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