EUR/NZD Daily Update (16/10/16)

FX:EURNZD   Euro / New Zealand Dollar

3 overhead structure with strong bear candle.

11/10 candle was unable to close above trench, seems like luring bo traders and trapping them.

Key Resistance
- 1.56
- 1.6

Key Support
- 1.525
Trade closed: target reached
Comment: +300 pips
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