EURNZD just surpassed the first liquidity zone that was marked out on the 4H and 1H time frame price is expected to shoot up as it is below the 200MA on the Dily time frame creating many sell and buy orders in that area. However if the price continues to head down we will take a small loss of 30 pips and wait till the price surpasses the second liquidity zone if...
The the chart has recently dipped under the major consolidation zone on the H4 timeframe, it just finished retesting and now has started to become bearish again. it is currently floating on the 50MA on the H4 time frame and is on the 50% gold zone one the Fibonacci. however there are no clear sell indicators on the RSI and the wicks are pointing up on the 15 min...