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Signal_Centre1
Jun 3, 2021 6:21 AM

EURNZD Sell the wedge. Short

Euro Fx/New Zealand DollarFXCM

Description

EURNZD - Intraday - We look to Sell at 1.6912 (stop at 1.6941)

Price action has formed a bearish ending wedge formation.
Offers ample risk/reward to sell at the market.
The bias is to break to the downside.
Daily signals are mildly bearish.
Previous support, now becomes resistance at 1.6900

Our profit targets will be 1.6831 and 1.6811

Resistance: 1.6915 / 1.6970 / 1.7000
Support: 1.6870 / 1.6830 / 1.6800
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