EURNZD Long to 1.24xx then potentially up to 1.246xx before drop
MACD has had a bullish crossover
RSI nearing overbought as we continue to 1.24xx but as we can see from the circled areas on the RSI as soon as it goes over the overbought area it always has a sharp pullback. For now I'm long but once targets are reached I will be looking to short as the dollar may stregthen soon.
RSI nearing overbought as we continue to 1.24xx but as we can see from the circled areas on the RSI as soon as it goes over the overbought area it always has a sharp pullback. For now I'm long but once targets are reached I will be looking to short as the dollar may stregthen soon.