EURNZD Sell a break setup.
EURNZD - Intraday - We look to Sell a break of 1.6177 (stop at 1.6211)
The trend of higher lows is located at 1.6210.
A break of the recent low at 1.6180 should result in a further move lower.
Short term momentum is bearish.
Our profit targets will be 1.6086 and 1.6066
Resistance: 1.6250 / 1.6270 / 1.6300
Support: 1.6200 / 1.6170 / 1.6100
The trend of higher lows is located at 1.6210.
A break of the recent low at 1.6180 should result in a further move lower.
Short term momentum is bearish.
Our profit targets will be 1.6086 and 1.6066
Resistance: 1.6250 / 1.6270 / 1.6300
Support: 1.6200 / 1.6170 / 1.6100
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