EURNZD Post news trade set-up + 100 Pip Potential

Short

Euro / New Zealand Dollar (OANDA:EURNZD)

Updated

OANDA:EURNZD Euro / New Zealand Dollar

supportandresistance mtfa indicator thegoldmethodichimoku ichimokukinkohyo ichimoku_trader newstrading eurnzd eur nzd justwin

We had a good push down on the NZD Interest Rate decision and this pair has now gone into a consolidation between 1.6941 (High) and 1.6857 (Low). Moreover, it is now below the Daily, 60 and 15 min KS, as well as the 15 cloud.

Entry = 1.6920
Stop = 1.6940
Risk = 20 pips
Profit target = 1.6820
Reward = 100 Pips
RRR = 5-1

Once this trade is up + 20 pips, move your stop to breakeven and let it run.

I would appreciate if you leave a comment or like as a thank you.

Allen

Order cancelled:

Unfortunately, this trade did not trigger and is now invalid

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