purely based on speculation, maybe ...but no news coming in from NZD and Trump is bound to say something Spiky today
so I will go long with just a tiny bit of my cap and then maybe 100pips stop lost just incase
Key support level on D1...a historical possible trend reversal point as you can see on D1 eu has reversed at this point a number of times..might be able to pull it off...might also encounter resistance around 144 zone
all this if pmi don't cause the sellers to drag down a bit
the candle stick says it all
•This pair has been in a downtrend for quite some time now ,
•the double bottom often signals a trend reversal.
•USD is getting weak from the recents high.
• Trade war uncertainty