EURNZD ShortThe pair has double topped on H4 and broken the second uptrend from the pull back last week. Moreover, the MACD on H4 has signaled the bearish crossover. With data expected to be negative from the Eurozone, a dovish ECB, and an oversold Kiwi, this pair is primed for a healthy sell off.
Best of luck and thank you for looking.
And as always, please feel free to comment your opinions below.
Kiwidollar
NU - Multi-Time Frame Textbook S/R SetupPrice just Bounce off from the 61.8% Fib level and it closed around the monthly pivot point. On the weekly chart, This pair is in range, but I'm expecting for it to retest the range border and break it.
As mentioned, price on the 1D stalled on a slope support. The last 2 candles of the trading week formed into a Doji. Look for a nice setup on the lower TF. I will be updating this post if a good setup in the lower tf may appear.
AUDNZD 4HPrice broke its counter trendline with a bullish engulfing candle. Price now going towards a supply area, where I will be watching for a reversal candle to continue the downtrend, or a break above for a deeper retracement up to daily resistance (Purple zone). On the watchlist for the upcoming week!
EURNZD 4HPrice made a strong bounce off its daily ascending trendline, & price was showing a lot of pressure to support, showing that a strong move was to come. Now since price broke the counter trendline & is breaking back above resistance now, I will wait for a 4 hour candle close above this zone & a retest to the 61.8 fib level is where I will look to set my entry..
Trade with care! : )