FX:EURNZD   Euro / New Zealand Dollar
Hey tradomaniacs,

welcome to another free trading-setup.


EUR/NZD: Daytrade-Preparation

  • Market-Buy: 1.67530
    Stop-Loss: 1.67070

    Point of Risk-Reduction: 1.68100
    Take-Profit: 1.70500

    Stop-Loss: 42 pips
    Risk: 0,5% -1%

    Risk-Reward: 7,0




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Peace and good trades
Irasor

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Comment: Hey tradomaniacs,

recent EUR/NZD turned out to be an S/H/S-Pattern which increases the likelyness of a drop here since indicies are probably showing a pullback today.

If thats the case EUR/NZD tends to fall due to risk-on in the market causing NZD and AUD to raise stronger than EURO .
Comment: