EURNZD- BEARISH
Hi All,
This pair has broken the weekly ascending trend line. The pair then pulled back to an area of strong support/resistance and seems to be respecting our FIB levels. On the 4h chart, we can see that the pair is failing to make higher lows and higher highs again confirming our bearish outlook.
Happy trading :)
This pair has broken the weekly ascending trend line. The pair then pulled back to an area of strong support/resistance and seems to be respecting our FIB levels. On the 4h chart, we can see that the pair is failing to make higher lows and higher highs again confirming our bearish outlook.
Happy trading :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.