EURNZD - Intraday - We look to Sell at 1.6912 (stop at 1.6941)
Price action has formed a bearish ending wedge formation.
Offers ample risk/reward to sell at the market.
The bias is to break to the downside.
Daily signals are mildly bearish.
Previous support, now becomes resistance at 1.6900
Our profit targets will be 1.6831 and 1.6811
Resistance: 1.6915 / 1.6970 / 1.7000
Support: 1.6870 / 1.6830 / 1.6800
Price action has formed a bearish ending wedge formation.
Offers ample risk/reward to sell at the market.
The bias is to break to the downside.
Daily signals are mildly bearish.
Previous support, now becomes resistance at 1.6900
Our profit targets will be 1.6831 and 1.6811
Resistance: 1.6915 / 1.6970 / 1.7000
Support: 1.6870 / 1.6830 / 1.6800
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Related publications
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.