EURNZD is trading in a descending channel. Price has already broken out of the channel to the downside and retested it, along with a daily resistance zone at 1.66500. A continuation movement to the downside within the channel is expected, with a probable breakout of the channel to the downside again.
Entry Point 1.65300, Stops 1.67000 & Target 1.63450.
Trading ideas are subjective. Individual analysis advised.
Entry Point 1.65300, Stops 1.67000 & Target 1.63450.
Trading ideas are subjective. Individual analysis advised.