EURNZD longs were supported nicely by ascending channel , which price has broken few days back , as NZD is weak due to fundamental reason price has kept retesting channel line before moving lower , as we don't see strong upside move in near future which can cause EURUSD to move again inside very steep ascending channel we see Short opportunities each time Price retest bottom line of channel which is acting as strong resistance,
Hence short on test of channel line ,
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Hence short on test of channel line ,
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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.