IvanLabrie

EURNZD: Positive swap short

Short
FX:EURNZD   Euro / New Zealand Dollar
I hold a position in this pair, stop is at 1.5630, my target will evolve as price action unfolds, but I'm looking at 1.5250 roughly.
Swap pays 31 usd cents per micro lot, per day, so it's a pretty good deal if you manage to enter a sound trade short.
A Demark trendline break would be confirmation, and an upper breach would give the bullish case wings, albeit temporarily.

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