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Denver_estabrooks
Nov 23, 2021 2:14 PM

Eurnzd shorts  Short

Euro Fx/New Zealand DollarFXCM

Description

better short entry
570 pip tp
eurnzd will be churning down for awhile
all time frames bearish
Comments
alibehdehi
Tomorrow is a speech by the Governor of the Bank of New Zealand. Will this help sell?
kostassitinas
@alibehdehi if the news are what they expected I believe so yes
Denver_estabrooks
@kostassitinas, news is normally already priced in. if news changed the whole market there wouldn't be such thing as order flows, market structure, and even hedge funds wouldn't be able to profit much. news always flows with supply/ demand zones already inlined & market structure
kostassitinas
I believe we will see a little bit further move to the upside .. like 100 pips before it goes down
Denver_estabrooks
@kostassitinas, stay short, came off a supply area
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