EURNZD LONG 1 HR BREAK AND RETEST TRADE SETUP

Good Morning Traders:

An opportunity to take EURNZD long as the daily chart formed an inverse Head and Shoulder
pattern with a bullish engulfing candle.

1 HR chart broke out short term resistance trend line, made a high low @ pivot, 50 EMA, 0.382
fib retracement.

Target 1: 1.4975 (1.88% Profit)
Target 2: 1.5050 (3.75% Profit)

Thank you for your support and feedback.

Trade: #14 (2017)
Date: 01/19/2017
Time: 07:00 GMT

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