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Johanes

JLS: EUR-Pegged Pairs Price Trends

Long
Euro / New Zealand Dollar (FX:EURNZD)  
Johanes Updated   
FX:EURNZD   Euro / New Zealand Dollar
Trend Analysis Beyond Technical Analysis
4
0
trendanalysis beyondta
The liquidation made by CHF and JPY from their international investment on debt securities and currencies to drive EUR to be stronger in the market and to lead EURNZD, EURCAD, EURAUD and EURGBP to upward to their upper ceilings.

The EURUSD may ended at 1.1800 as previously quoted.
Comment:
This is the price trends I trade until they reach their upper ceilings by multiple tranches.

I prefer to trade price trends to which direction the basket prices to move rather than temporary bullish and temporary bearish.
Comment:
Let's see if EURNZD can go to as high as 1.6460-1.6600-1.6700-1.6900
Comment:
Let;s see if EURAUD can go to as high 1.6100 from 1.5956
Comment:
Let's see if EURGBP will continue to go to 0.8900 from the 0.8500
Comment:
1.6460-1.6600-1.6700 for EURNZD is target for profit booking
1.6100 for EURAUD iss target for profit booking
0.8900 for EURGBP is target for profit booking
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