Fxprotrader

EURNZD: Breakout of Channel Signals Shorts

Short
FX:EURNZD   Euro / New Zealand Dollar
Price broke below the lower parallel of the upsloping modified Schiff pitchfork indicating a change of behavior. Our view now is bearish and what we should watch for is a structure that will gives us extra evidence that sellers took control. A bearish flag is a great indication on that..! So wait for a correction and sell EURNZD
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