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Profound_Ambition

EURNZD DAILY

Euro / New Zealand Dollar (FX:EURNZD)  
Profound_Ambition Updated   
FX:EURNZD   Euro / New Zealand Dollar
Support and Resistance Supply and Demand Trend Analysis EURNZD euro kiwidollar Supply Zone break retest reversal Parallel Channel
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supportandresistance supplyanddemand trendanalysis eurnzd euro kiwidollar supplyzone break retest reversal parallelchannel
Price broke out of its daily channel to the downside & is back up retesting the broken trendline. However, euro is very bullish right now so I will not consider taking this trade until further confirmation & rejection of the level price is testing now .. Price may pop back up into the channel again we will have to wait & see
Comment:
snapshot
daily close is preferred before entering this pair, high impact NZD news tomorrow as well can give this pair the push down it needs.. So far when price reached this level of resistance it quickly reacted & pushed away..
Comment:
snapshot
Daily candle respected fib region, & closed with a bearish engulfing breaking my CTL.. short..
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