FX:EURNZD Euro Fx/New Zealand Dollar
A straightforward set-up. Strong crossover signal is about to happen. A little bit of correction took the oscillator back to 0 and everything looks set for another wave down. Fundamentally New Zealand economy is strong and this pair pays high carry. Best strategy is to sell and hold until a candle crosses and closes above the kijun-sen( Blue MA), but also be wary of a China slowdown as it will certainly affect the NZD negatively.