FX-TradingLions

EURNZD - COULD BE A GOOD BUY NOW

Long
FX:EURNZD   Euro / Dollar Néo-Zélandais
Hey Traders!

I believe this could be a good buy for the following reasons:

- The current price is above the monthly pivot level
- Strong bullish engulfing candlestick 4h close
- Strong break of 20 moving average
- Overall market direction is bullish
- Likely going to re-test the previous psychological level, if broken will go further
- EUR & NZD are currently being sold off by hedge funds.

Peace traders! :)

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