TopTradingSignals

EUR-NZD Bear Flag Below RESISTANCE. Will Fall!

Short
FX:EURNZD   Euro / New Zealand Dollar
EUR-NZD is trading in a strong downtrend on daily
On 6H chart we can see that the pair is trading BELOW resistance
In a range that looks more and more like a bear flag
Thus, the path of least resistance for the pair is to FALL
And I expect it to do just that after hitting the resistance area
SELL!
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Comments

Perfect!
Reply
euro is trading weekly at +4.18 while the kiwi is trading weekly at +8.81, selling the euro against the kiwi is a smart move
Reply
Let's see how it goes
Reply
Weak NZD can make it up
Reply
TopTradingSignals Dave-FX-Hunter
Reply
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