EURNZD long maybe 700 Pips

FX:EURNZD   Euro / New Zealand Dollar
83 3 4
I like how EURNZD             has broken out of a clear downtrend here, there is a clear space that needs to be filled to set this market correct, that space is just around my highlighted rectangle . I think that will be my target. Good luck.
Comment: Still a bullish set up, just an annoying wait. Racking up the swap however. Yawn
Comment: Im still very keen on this gap fill and bullish setup, on the larger scale we now have a triangle formed and im waiting for a break hopefully to the upside. In the meantime just racking up more swap, not in the good way ;)
It might go down to touch the upper channel TL before resuming to your target area?
I dont know. I was already long so didnt need to wait for retest. But you know always better to wait in case if you missed first ride
Gino Art-of-FX
Here we go :-)
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