EURNZD Short Short

Euro Fx/New Zealand DollarFXCM

Description

⋅ Sep 7, 2019 7:18 AM

EURNZD over the last month has seen price reject from the 1.75 level and last week a large bearish candle formed , signaling a short term reversal in progress .

A short entry could be considered

1. Enter around 1.7350

2. Target .782 fib 1.6750

3. Stop above 1.75

RR = 3+

Chart Patterns Technical Indicators