Euro / New Zealand Dollar
Short

EUR NZD

88
EUR NZD is in a bearish parallel channel. Current its at trend line and support level. A correction can be seen from here till the upper trend line. A short position can be considered when:
1 .Once it get retraced to 0.36 fib level, and a red candle is formed
2. Or when it touches the upper trend line.

In both cases , the stop loss can be last lower high.

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