EURNZD Sell a break setup.

72
EURNZD - Intraday - We look to Sell a break of 1.6177 (stop at 1.6211)

The trend of higher lows is located at 1.6210.
A break of the recent low at 1.6180 should result in a further move lower.
Short term momentum is bearish.

Our profit targets will be 1.6086 and 1.6066

Resistance: 1.6250 / 1.6270 / 1.6300
Support: 1.6200 / 1.6170 / 1.6100

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.