Foreign_Teej

EUR/NZD LOOKING FOR A BIG MOVE DOWNWARD

FX:EURNZD   Euro / New Zealand Dollar
EUR/NZD JUST HAD THE 5 EMA CROSS THE 20 SMA ON THE DAILY CHART. USUALLY WHEN THIS HAPPENS WE SEE HUGE MOVES TAKE PLACE. IT CAN MOVE PRICE ALL THE WAY TO THE NEXY MAJOR SUPPORT WHICH IS OVER 300 PIPS DOWN. WATCH THIS PAIR CLOSELY AND IF A TRADE IS TAKEN USE YOUR STOP LOSS TO MANAGE RISK.
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