YourLazyTrader

EUR/NZD sell set-up , possibility of a drop to 1.7320

Short
FX:EURNZD   Euro / New Zealand Dollar
EURNZD rallied strongly on Friday. However, we are seeing the formation of Bearish price
action in the dynamic resistance of the 4Hour chart. There is a possibility of a fall to
1.7320 if this resistance zone holds.

The above sell set-up will be invalid if price breaks upwards through the resistance zone.
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