EURNZD Sell a break setup.
Updated
EURNZD - Intraday - We look to Sell a break of 1.6595 (stop at 1.6624)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Trend line support is located at 1.6620.
The previous swing low is located at 1.6595.
A break of 1.6595 is needed to confirm follow through negative momentum.
Our profit targets will be 1.6511 and 1.6491
Resistance: 1.6640 / 1.6670 / 1.6700
Support: 1.6600 / 1.6570 / 1.6530
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Trend line support is located at 1.6620.
The previous swing low is located at 1.6595.
A break of 1.6595 is needed to confirm follow through negative momentum.
Our profit targets will be 1.6511 and 1.6491
Resistance: 1.6640 / 1.6670 / 1.6700
Support: 1.6600 / 1.6570 / 1.6530
Order cancelled
Trade wasn't filled intraday.
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