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BloomFisher
Mar 2, 2020 9:19 AM

EURNZD is OVERBOUGHT - TIME TO SELL Short

Euro Fx/New Zealand DollarFXCM

Description

Hey Everyone, London opens with slightly bullish on EUR, however we expect it to fall especially in case of EURNZD as the pair is quite overbought on both H4 and Daily chart with higher 200WMA expansion(H4,D1)

Use these preference to short the pair,
Sell now
Stop loss - 1.78990
TARGET1 - 1.74674
TARGET2 - 1.71303

Reminder: Keep booking the profits and trailing the losses.
Give this analysis a thumbs up *_*

Trade closed: target reached

UPDATE USDCHF - CLOSE TP1 Now with (+80 PIPS) of profit.
Move SL to Breakeven for TP2

Comments
transparent-fx
I have it marked up as well, this is what I have at the moment
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