EURNZD swing trading position has triggered as price re-tests the previous daily swing lows.
The EURO is the weakest currency and NZD is the strongest so we should see the downtrend
continue in line with the monthly timeframe. The trade is supported by the Fibonacci retracement tool
as well as the 3 major moving averages turning bearish.
The EURO is the weakest currency and NZD is the strongest so we should see the downtrend
continue in line with the monthly timeframe. The trade is supported by the Fibonacci retracement tool
as well as the 3 major moving averages turning bearish.
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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.
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.