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BlueberryMarkets

EURNZD DOWNTREND CONTINUATION

Short
Euro / New Zealand Dollar (FX:EURNZD)  
BlueberryMarkets  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Support and Resistance Fibonacci Forex forextrading EURNZD blueberrymarkets australia
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trendanalysis supportandresistance fibonacci forex forextrading eurnzd blueberrymarkets australia
Looking at the EURNZD pair, daily chart we can see the current downtrend in play. Seasonally, EURO has it's best performing month in December however, NZD longs
still look in play as it heads towards the 0.7000 level. Technically this looks good for trend continuation and if we do see bearish price action here we could anticipate another impulse
move lower.
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