Johanes

JLS: EURNZD Target Zone, Price Trend & Risk Management Trading

Long
FX:EURNZD   Euro / New Zealand Dollar
The estimated 1.7300 upper ceiling is subject to actual prices of EURUSD and NZDUSD at their lower ceilings. The estimated lower ceiling for EURUSD at 1.0800/1.0500 and ECB may undertake sterilization, and/or JPY and CHF carry traders may carry EUR at EURUSD lower ceiling or at USDCHF lower ceiling and or at USDJPY lower ceiling.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.