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VarisSvard
Oct 26, 2017 11:06 AM

EUR / NZD Interesting price levels  

EURO / NEW ZEALAND DOLLARICE

Description

This pair looks very interesting right now from technical point of view. Price is trading now at strong resistance on weekly chart.

My personal view is neutral because if resistance is broken we may see continuing bullmarket. But in short term it can be interesting to short this as daytrade, possibly as swingtrade if price moves down significantly.

Have in mind

1) Breakout
2) False breakout
3) bigger moves in price action.
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