FxWirePro
Short

EUR/NZD breaks trend line support,decline till 1.6300 is possibl

FX:EURNZD   Euro Fx/New Zealand Dollar
170 2 3
EURNZD             breaks trend line support 1.6400 which confirms short term weakness , a decline till 1.6340/1.6300 cannot be ruled out.

On the higher side minor resistance is around 1.6420 and any break above will target 1.6460/1.6585 in short term.

Overall short term bearish invalidation only above 1.6560.

It is good to sell on rallies around 1.6400-405 with SL around 1.6450 for the TP of 1.6340/1.6300
BejeVladimir
a year ago
SL at 1.6310? mistake?
Reply
FxWirePro BejeVladimir
a year ago
Sorry it is 1.6450
Reply
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