EUR/NZD is catching a beat and heading higher.....for now
EUR/NZD has support from the 200 day EMA which coincides with the WPP mid pivot. This should provide enough support for a move higher possibly targetting WR1 (Weekly Resistance) at 1.7611 over the next several hours. The STOP at 1.7497 is under these 2 significant support levels.
Trade active
10/1/24 11:14 STOP mobed to break even - target remains the same
Trade active
10/1/24 15:17 STOP moved to 1.75590 (+32) Target same
Trade closed manually
10/1/24 15:43 Closed at 1.7600 for +72. Looking increasingly overbought and possibly may slip back from these levels to look for support. Only 10 pips away from the original T.P.
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