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ade_fx
Jul 30, 2014 2:31 PM

EURNZD Short At Resistance Short

Euro Fx/New Zealand DollarFXCM

Description

EURNZD coming to resistance level and confluence of fib levels, good RR around this area as well. NZD has weakened due to expected pause in rake hikes and low dairy prices. However I expect NZD to out perform against EUR based on difference in CB policy and technically it's a good trade IMO
Comments
TheBestMA
nice, I'm on it too..
NF414
Nice risk-reward-ratio :)
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