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francesgurton
Nov 18, 2020 2:17 PM

EUR/NZD - Short Short

Euro Fx/New Zealand DollarFXCM

Description

A nice trade from today taken on EUR/NZD.

Recently price has retested the downtrend line on two occasions, rejecting both times.

I took my short at the 1.7193 level after confirmation of rejection at the trend line.

I am still in this trade, I plan to come out before the European close. However, if you are a swing trader, I believe the price could reach support at 1.60634
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