HiTech
Short

EURNZD A PERFECT SELL?

FX:EURNZD   Euro / New Zealand Dollar
148 17 1
While EURNZD             is on the top of the range, RSI cycle indicates that price is ready to move lower. There is strong supportbetween 1.7580-30 which is my target.
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also, break above the recent high, could trigger uptrend continuation... lets see
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i agree. It's testing the triple top for a fourth time. So my guess is there are still buyers interested. It will be interesting to see what happens in the upcoming days.
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HiTech PRO Andyreeree
oK, I am bullish now, but just to re-test the resistance at this point
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Nice catch on the 30 min chart!
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HiTech PRO Andyreeree
hopefully will work out :)
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How's that look with your RSI sine wave?
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HiTech PRO Andyreeree
overall trend should be down, EUR should be driving this pair
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So this is an intraday trade I presume if you are long and the overall trend is down. Correct?
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HiTech PRO Andyreeree
well its no longer valid since SL was hit, but overall all my ideas are intraday, although some stay open for up to 3 days
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Make sure you click on the chart so you can read my description HiTech. May be something to look for if you get stopped out again.
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