SHORT - EURNZD (D) (28 May 2023)

angieh Updated   
PEPPERSTONE:EURNZD   Euro / New Zealand Dollar
Position Trade - EURNZD

In the Monthly Chart,
- Price reached the Monthly Supply

In the Weekly Chart,
- I am expecting a fresh sell from the chart since the Supply zone is FRESH

In the Daily Chart,
- Selling from Daily Supply (1) is higher probability in my opinion

No alerts or pending orders are placed as this trader wishes to study this pair to confirm my analysis.
Currently price is reacting off from Daily Supply (2) instead.
As predicted, price hit the Weekly supply and comes down
In the Daily chart, price is currently reacting to the Daily Supply (2)

This pair will be kept for analysis; it is observed that the volatility in price is quite low.

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