FX:EURNZD   Euro / New Zealand Dollar
On EUR/NZD is nice to see strong sell-off from the price 1.713 , there is nice to see strong volume areas....

Where is lot of contract accumulated...

I thing that sellers from this area will be defend this short position...

and when the price come back to this area, strong sellers will be push down the market again...

Support from the past +Strong sellers + Sell-off + Strong volume area is my mainly reason for this short trade....

Happy trading

Dale

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