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EURNZD: A long term approach. Short.

Short
Euro / New Zealand Dollar (FX:EURNZD)  
InvestingScope  
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Chart Patterns Technical Indicators EURNZD EUR NZD euro newzealanddollar Forex Currencies currency
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trendanalysis chartpattern indicator eurnzd eur nzd euro newzealanddollar forex currencies currency
This pair is trading within a 1.3900 - 1.85490 Rectangle on 1M (RSI = 56.218, Williams = -47.458, Highs/Lows = 0.0000) since June 2011. The downside gap is therefore significant and traders who wish to take a long term approach on EURZND can go short with TP = 1.51347 and 1.45887 in extension.
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