RISK-ON SENTIMENT
The overall mood in the market is RISK-ON which means there is apetite for risk and that usually makes the NZD take value. I beleive the strong correlation that NZD has with risk apetite in the market will push EURNZD lower especially after all the lower lows we are seeing on the higher timeframe.
Note
Currently trying to break structure. Fingers crossed...Note
Approaching target
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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.