EURNZD - Long
EURNZD - I have alerts set for the 1.81000 region. In this area we would have an inverse head and shoulders, a key level, support from previous swing points and the 61.8% fib! We have the 4hr 50 EMA just above the 1.81000 region but I wouldn't be surprised if we push slightly lower before an aggressive reversal. Getting people caught on the wrong side of the market. Will keep an eye on this along with NZDUSD.
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.