EURNZD Breakout of Triangle - Expecting 1.57

2017년 7월 14일

EURO NZD has been consolidating since its downward move yesterday and with Euro being Strong at the moment an upward correction was likely, now confirmation has been given out a Breakout of a triangle, missed the entry at the bottom of the Triangle so sat on my hands and awaited further confirmation. NZD has been overbought for a while and the RBNZ s getting worried about currency strength at present.

Both Fundamentally and Technically supported. Gathering further evidence together for a Long term Long. Intra day trade taken due to it being a Friday