Few days ago I shorted EURNZD, and it was successful trade. I closed my position, but I looking at the chart I think it is good moment to open short again.
Right now we can see correction to downward move and EURNZD is fighting with resistance zone about 1.6965. If chart will reject the resistance, I will open short position and keep it to the channel bottom.
Right now we can see correction to downward move and EURNZD is fighting with resistance zone about 1.6965. If chart will reject the resistance, I will open short position and keep it to the channel bottom.
Comment:
Pirce passed resistance level. But it doesn't mean that this trade wont be active. I will watch the situation and look for good moment to open short (or maybe change my mind and open long, if chart will look bullish).
Trade closed: target reached:
:)