EURNZD: Potential Bearish Bat

FX:EURNZD   Euro / New Zealand Dollar
70 4 2
Weekly Fundamental Bias:
EUR - Slightly Bearish
NZD - Slightly Bullish

Sentiment Analysis:
Current market environment - Risk-On

Technical Analysis:
Potential Bearish Bat setup completing @ 1.5672

Most of your entries are not practical. Just for fun ?
akyong veritasfx
We are very strict in our entry rules; unless all criteria are met, we do not take a trade.

Having said that we do acknowledge that our approach and style of trading isn't suited for all.
I short this pair two days before at about the weekly open level. and today it still hold. I wonder yesterday's drop is a signal for short?
+1 Reply
akyong veritasfx
this pair is good to hold if you are profiting already. EUR still has room to drop further and with risk appetite coming in, NZD will also strengthen further. That's my take.
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