The force is strong with this one (NZD). Short
Euro Fx/New Zealand DollarFXCM
Description
⋅ Due to Strong NZD against all others pairs.. and extreme weakness of EUR. It create a selling force as shown on the chart..
Due to target is beyond previous price suture, Target and Final destination is projected by Genn Fan.
[Short @ 1.3500 ]
This price is expected to get entry after the first bound from RED lines.
[Target 1(@1.5000), 2 (@1.4200) ]
Target is due to lag of price structure in this area target is projected by Genn Fan
[Stop @ 1.5500]
Above Purple line.