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MrVolcano

EURNZD - Indecision at resistance

Short
Euro / New Zealand Dollar (FX:EURNZD)  
MrVolcano  
FX:EURNZD   Euro / New Zealand Dollar
3
0
Price is stalling after a very powerful upmove on EURNZD this week. Bull's look as though they could be running out of steam and price could retrace back to around 1.5550 - 1.5500 area.

There is bearish divergence signifying a possible top for now.

SELL on a retest of 1.5650
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