FUNTRADER-Vera

0512 EURNZD hit all targets with 350 pips

Short
FX:EURNZD   Euro / New Zealand Dollar
EURNZD is on our sell list for a month. And it eventually help us signal hit all targets with 350 pips.
This pair is still on H&S bearish pattern. And it looks still dropping down now to the 1st R/S zone.
The pair is bearish due to bearish EURUSD and strong NZDUSD . Actually, NZDUSD n GBPUSD are two pairs that are really strong this days.
Thats why EURNZD and EURGBP both are on a strong down trend in the last 1-2 months.

Keep eyes on this pair to sell.
Now we will wait for a new entry to sell it again later, with a reasonable SL.

Good luck!!!
LESS IS MORE!

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