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Isuru_M
Aug 9, 2017 1:52 PM

EUR/NZD - A fall spotted Short

Euro Fx/New Zealand DollarFXCM

Description

In this 1 Hour chart we can see a major Resistance levell has been broken and the same level has been acted as a support 4 times and that support has been already broken after the formation of Head & Shoulders.It is possible that the price may drop back to the previous broken resistance level.A sell trade can be executed.

Note :- I am not a Pro trader,still a learner.Help me to correct my mistakes by showing them.

Thanks.
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