FullTimeTrader
Long

EURNZD-false breakout at historical level

FX:EURNZD   Euro / New Zealand Dollar
193 1 1
I think price did a false breakout at a historical level 1.500
Right now we have many technical reasons to long from here.
Usually the crab pattern gives a good R/R ratio.
Fundamentally, the EUR/USD             is overextended and will make some bullish pullback very soon. The NZDUSD             broke a key level and will touch new lows.
Happy trading.
Totally agree. Cheers
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