Quick EURNZD update:
This pair has been stubborn against technicals but technicals will always come out.
We have a broken down trend line on the daily and looking for price to break 1.7100 area. Once we have a break of this level I expect price to climb towards 1.7500-1.7600 area.
Good luck and let me know if I can help in any way.
Charles V
CVFX Management
Trading made Simple
This pair has been stubborn against technicals but technicals will always come out.
We have a broken down trend line on the daily and looking for price to break 1.7100 area. Once we have a break of this level I expect price to climb towards 1.7500-1.7600 area.
Good luck and let me know if I can help in any way.
Charles V
CVFX Management
Trading made Simple
Comment:
Confirmation of down trend line break with huge bull candle. Look to enter on short time frame retraces towards 1.7500
