Technical - multi year lows and long term support, euro over sold. price at this area is not sustainable. storng zone at 1.6600 will attract price to this zone.
Fundamental - next week's RBNZ meeting (23 nov) positive news are priced in. a dovish message could push the price up. a hawish message could push the price down, clear-out, then move upward.
Fundamental - next week's RBNZ meeting (23 nov) positive news are priced in. a dovish message could push the price up. a hawish message could push the price down, clear-out, then move upward.
Trade active
maintaing upside targetTrade active
Interesting battle at 1.6300. A breakout would lead to 1.66.Trade active
Close on reaching 1.66Trade active
Book 80% profit and close the rest at 1.6600Trade closed: target reached
I would close with nice profit here
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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.