EURNZD - Intraday - We look to Sell a break of 1.6595 (stop at 1.6624)
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Trend line support is located at 1.6620.
The previous swing low is located at 1.6595.
A break of 1.6595 is needed to confirm follow through negative momentum.
Our profit targets will be 1.6511 and 1.6491
Resistance: 1.6640 / 1.6670 / 1.6700
Support: 1.6600 / 1.6570 / 1.6530
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
Trend line support is located at 1.6620.
The previous swing low is located at 1.6595.
A break of 1.6595 is needed to confirm follow through negative momentum.
Our profit targets will be 1.6511 and 1.6491
Resistance: 1.6640 / 1.6670 / 1.6700
Support: 1.6600 / 1.6570 / 1.6530
Order cancelled
Trade wasn't filled intraday.
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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.