timblizzard
Long

It could go either way but I'm expecting it to go up.

FX:EURNZD   Euro / New Zealand Dollar
I'll be keeping a close eye on this one. The more times it test the trend line the more excited I get. Here we are in a beautiful uptrend, If it breaks below the line I'm going to wait for all indicators to confirm we are in a downtrend before shorting. If it closes above the resistance or bounces off the support I will be buying.
Comment: After looking at the RSI there was a bearish divergence from price and it looks like the Bullish trend could be changing. IF the market ignores and the breakout is to the upper side I'm looking for a strong push higher.
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