FxWirePro
Short

EUR/NZD breaks support at 1.6180, targets 1.6000

FX:EURNZD   Euro Fx/New Zealand Dollar
140 1 7
Pattern Formed- Head and shoulder

Major support: 1.6180

The pair has broken major support 1.6180 and declined till 1.6170. Short term trend is still weak as long as resistance 1.6260 holds.

Any break above 1.6260 will take the pair to next target 1.6310/1.6355.

On the lower side any break below 1.6180 will drag the pair down till 1.6000/1.5890.

It is good to sell on rallies around 1.6195-1.6200 with SL around 1.6260 for the TP of 1.6000/1.5890
Zarko PRO
a year ago
Thanks for the analysis :-)
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out