Wait For Retest and Then Sell!!!
EURNZD has reached a Major Support Area marked by the Yellow Rectangle, we can expect a retest at this level until Thursday and then a price drop when ECB Interest Rate Decision is released. A Short Stop Order would be a good idea on Thursday a few minutes before news release.
Remember to put that stop loss and be patient!!!
Remember to put that stop loss and be patient!!!
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.