EURNZD
This is my 11-15 Jan 21 Week trade Plan for EURNZD .
Previous Month : Bearish
Previous Week : Bearish
Daily : Bearish
4H : Bearish
With EURNZD ended last week with bearish close below 1.6980 confirming the bearish momentum, I'm expecting further continuation to the down side with cautious as currently we are at HTF support zone that may hold a bit EURNZD from the down move.
Also COT Report and Seasonality are showing that NZD is currently strong, so expectation for the bearish momentum continuation is viable.
I'd highlighted 2 scenarios for Shorts and Longs with No Trade Zone.
