A High Return and Low Risk Trade set up with EURNZD

FX:EURNZD   Euro / New Zealand Dollar
Hello TradingView community,

EUR/NZD finally breaks out of the 3 months consolidation from the end of March thanks to Positive Employment Data!

For conservative traders like me, we could wait for a retest at the previous Resistance.

Take Profit level is 1.63453 which will form a great Reward vs low Risk Trading Setup!


Vo Thien Phu


Hi anh. I'm new in this area so could you please explain a little more. Am I right saying that I should sell with T/P at 1.63453? Thank you xx