Free EURNZD Sell a Break Setup.

EURNZD - Intraday - We look to Sell a break of 1.7778 (stop at 1.7805)

1.8775 has been pivotal. Rallies should be capped by yesterday’s high.
A higher correction is expected.
We look for losses to be extended today.
Bespoke support is located at 1.7780.
A break of yesterdays low would confirm bearish momentum.

Our profit targets will be 1.7703 (75 pips) and 1.7676 (102 pips)

Resistance: 1.7830 / 1.7865 / 1.7880
Support: 1.7780 / 1.7730 / 1.7700

Trade active

Trade closed: target reached:

Take profit of 75 pips hit!