Here I am with my vision of EUR/NZD pair. It looks like we are at critical point right now. Potential break is becoming more and more real with every price drop below the line. This is a long-term chart and hence the reversal can open the road down to 1.61 support line. On the other hand, it could be a potential bounce upward. Should we jump into/out of the trade? Fasten your seatbelts as the plane is rushing into the turbulence zone. MA (100,50,30,9) are intersecting right now -----> downside formation?
-------I would enter the LONG position only if the price reaches 1.70 zone-------
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--------------------------------Go SHORT if 1.665 is triggered!-----------------------------------
Have a nice trading!
I'll come back with new ideas/warnings soon!!
-------I would enter the LONG position only if the price reaches 1.70 zone-------
---------------------------------------------------------------------------------------------------------
--------------------------------Go SHORT if 1.665 is triggered!-----------------------------------
Have a nice trading!
I'll come back with new ideas/warnings soon!!