Euro / New Zealand Dollar
Updated

EURNZD - Potential consolidation breakout

79
Extended long term range (~10 months), at top of range in consolidation for last month. Slowly getting into a short position. I expect this to be a longer trade.

M: snapshot

W: snapshot

D: snapshot
Trade closed: stop reached
Stopped reached. NZD dropped after RBNZ's decision.

It was only a minimal loss as my position was small to begin with and I closed 1/3rd of my holding shortly after the decision.

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