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glennmercer
Apr 2, 2019 4:27 PM

EURNZD Long - Continued EUR Strength, NZD Weakness Long

Euro Fx/New Zealand DollarFXCM

Description

This is a pair that could rise throughout the week through Wednesday's NY session. NZD has shown tremendous weakness over the last few trading sessions and EUR is nearing a breakout point. I like the R/R with a relatively tight stop, keeping an eye on the 15m timeframe for an exit strategy if the pair does not reach 1:1 within 4 bars. Cheers

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