ARFXC

Short on EUR/NZD SELL SELL SELL

Short
ARFXC Updated   
FX:EURNZD   Euro / New Zealand Dollar
Overall bias is Bearish

-Firstly we have bounced of key level of 1.7000
-we have broke trend line based off 4 hour time frame
-We had a small retest
-I do believe we will break previous lows
-Previous four hour candle was a bearish hammer
-A lot of wicks to the upside

Off the daily
-We can see huge wicks to the upside on the Ket level
-Yesterdays candle was a bearish engulfing
-We also had a triple top

so overall i am bearish on this pair
All the best

Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.