5PMTrader
Short

EURNZD - Low Risk, High Probability Short Entry

FX:EURNZD   Euro / New Zealand Dollar
54 0 0
Price has reacted nicely at a level that has reacted as a support as well as a resistance zone in the past. This could provide a nice high probability short entry opportunity with a about 3 to 1 Reward to Risk.

I am hoping price would retrace a little to fill my limit order and then will drop to re-test recent low.

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