ForceFollower

EURNZD New Lows In Sight

Short
FX:EURNZD   Euro / New Zealand Dollar
0
Probably more to come by to the downside than to the upside. Recent recovery has been very choppy - overlapping bars, clearly a sign of little bull power. The euro hasn't been the greatest weakling of fx lately, but kiwi's been the currency with sharp claws that help climb high. If wrong, exit above the high of Oct 2nd, if right, exit at the lower red sliding parallel.

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