Hi traders,
As you can see EURNZD pair recently enjoyed a good rally mainly due to weakness of NZD. Now that the price has reached to a Resistance level where this pair has reacted on a number of occasion. Similar level has worked as a support as well. I will be looking for a bearing engulfing candle to go short on this. First tp will around that marked support zone and managed afterwards.
Let me know your thoughts! Trade safe and good luck.
As you can see EURNZD pair recently enjoyed a good rally mainly due to weakness of NZD. Now that the price has reached to a Resistance level where this pair has reacted on a number of occasion. Similar level has worked as a support as well. I will be looking for a bearing engulfing candle to go short on this. First tp will around that marked support zone and managed afterwards.
Let me know your thoughts! Trade safe and good luck.
액티브 트레이드
코멘트:
Entered at 1.66900
거래청산: 스탑 닿음