EURNZD has been giving a series of lower low and Lower highs, signalling to us that we are in a bearish trend .
This pair has found resistance at the descending trend line , guiding it nicely. Looking for new Lows to be formed at the 1.6200 Level. this will be our target.
This pair has found resistance at the descending trend line , guiding it nicely. Looking for new Lows to be formed at the 1.6200 Level. this will be our target.
Trade closed: stop reached
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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.