justatrader
Short

EURNZD - 1 hr chart, short targeting 1.5484

FX:EURNZD   Euro Fx/New Zealand Dollar
113 0 1
Trend line broken and a nice divergence formed near the top. Another divergence with AO making a lower low but price making a higher low points to weakness to the upside.

Price currently is slowly retracing back to the breakout level of 1.5571. BE @ on a strong close below 1.55309. AO should help guide the trade once its triggered. Look for bearish candlestick patterns near 1.5571 for additional confirmation
Professional market analyst with a keen interest on futures. Love keeping an eye on the markets. Currencies, bonds, commodities. Combining technical analysis and the fundamentals. Contact me for more details.
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