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Preet_Bhamra
Jan 12, 2018 11:17 PM

Bearish head and shoulders completion for EURNZD Short

Euro Fx/New Zealand DollarFXCM

Description

Head and shoulders got completed and the outside return has rallied to retest the neckline of the head and shoulders. This is a great opportunity to short the market when it opens and shoot for targets back down at the support level.If you wish to shoot for extended targets, a good area is around 1.65350s, but I would only shoot for these targets should price break below and close below the first target support level.
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