EUR.NZD - Historical Resistance At 1.7200
Updated
Currency Pair: EUR.NZD
Time Frame: Daily & 4hr
Predicted Direction: Short
Live EUR.NZD updates will be available in the comments section below
Time Frame: Daily & 4hr
Predicted Direction: Short
Live EUR.NZD updates will be available in the comments section below
Note
This is a pair you should take caution if looking for a short opportunity.Price has failed to reject the resistance at 1.7200 and i feel price will now make an additional bullish impulse prior to a reversal.
Note
A perfect example of why you should wait one more day for the additional confirmation.I will now await deceleration prior to any pending order placement.
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