EURNZD LT view

2016년 9월 25일

Traders - do not be fooled, the recent bearish movement of eur/nzd is purely a retracement following the pair's 2015 move - classic bull flag stuff. On daily chart, the pair closed above the falling trendline that has been in force since mid July, signalling further bullish action for the pair.

I suggest longing upon retest of falling trendline following retracement of the most recent move (not sure how to show both charts on the same idea!).

Juicy R:R on this one peeps, get stuck in.
GL