EvanJones

Nice Short followed by an even bigger short!

Short
FX:EURNZD   Euro / New Zealand Dollar
4
The strength in the Kiwi Dollar has become the greater compared to the Euro. Here a nice triangle with an uptrend line has broken and the daily just about closing below. Await for Monday and if a resumption of the downtrend continues enter shorts and aim for 1.4978 a nice decent short.

Then await for a retracement, preferably back to the trend line and enter short again for a much bigger target of near the lows again.

www.ejfxtrading.com

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