Looking at EN now still pushing down because of NZD strength. Our previous short from about 9 weeks ago is now +1000 pips. I hope you learned how powerful taking partial profits while trailing your stop loss properly can be. This is why I love swing trading, that being said I feel swing trading paired with taking intraday set ups is even better.
I do believe that EURNZD is over extended and I believe that we should be slowing down soon. Although I think we may even come all the way down to retest 1.65 before that happens. Keeping a very close watch on this pair, after such a colossal push to the downside I am anticipating a retracement should occur within the near future.
Still going to wait patiently there has been no true signs of a reversal just yet. I feel we are going to push lower to 1.65 and if we reject hard of that support we could pull back to 1.70 and maybe even higher.