Possible EURNZD trade scenarios
Enter with Ltf confirmation.
For Direct 4hr zone entry manage risk.
Manage risk 1:2-3 RR .
Indicator based SMC approach.
Follow and like for more setups .
NZD/USD extends downside following NZ PM cited downside risks to the economy due to China's coronavirus.
In Asia session the Kiwi moved back into an area of support for which bulls will be looking for a test of the supply commitments from the bears, with a target of the 0.65.
Fibonacci Projection showing price action for managing profits & not for entries or reversals.
