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Long

EURNZD Long swing @ Market for the coming few days

FX:EURNZD   Euro Fx/New Zealand Dollar
Good Morning,
This is our view @ SBSTOCKS.COM in regards to the EURNZD             pair for today TUS Jan the 2 6th.
Well a nice uptrend on the the Daily may encourage us to think about considering longs. On four hours chart the pair just pulled back to the 38.2% Fibonacci which might be considered as a good point for long however if the market pulls even farther tell 50% Fibonacci we may increase our position.
conclusion: a Long position till 1.726 is pretty much recommend
Comments are much welcomed
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