EURNZD - Intraday - We look to Sell a break of 1.6779 (stop at 1.6816)
Traded to the highest level in 16 weeks.
The medium term bias remains bearish.
A higher correction is expected.
Bearish divergence is expected to cap gains.
Our profit targets will be 1.6682 and 1.6662
Resistance: 1.6900 / 1.6930 / 1.6970
Support: 1.6830 / 1.6800 / 1.6750
Traded to the highest level in 16 weeks.
The medium term bias remains bearish.
A higher correction is expected.
Bearish divergence is expected to cap gains.
Our profit targets will be 1.6682 and 1.6662
Resistance: 1.6900 / 1.6930 / 1.6970
Support: 1.6830 / 1.6800 / 1.6750
Trade closed manually
Closed at expiry at 60 pip profit.
Related publications
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.
Related publications
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.