Euro / New Zealand Dollar
Long
Updated

EURNZD FOCUS - is Bullish/Buy!

169
Dear traders,

Here is your EURNZD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the NZD stands at “3”, meaning that the EUR is stronger than the NZD, thus only looking for Bullish/Buy opportunities on this pair. NB: These reading fluctuate from time to time.

Our 1st Buy Liimit is placed at 1.6850 (with a 1% risk position size)
Our 2nd Buy Liimit is placed at 1.6800 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.

Our final Take profit is placed at 1.7204
Our Stop Loss is placed at 1.6762

This is a 400 PIPS trade - Risk Reward 1:8

Thank you. Like & Subscribe.
Trade Smartly.
Trade closed: stop reached

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.