EURNZD | 600 pips in it if the bulls fail here
EURNZD reached a critical level a few days ago, and granted, the bulls have held their ground.
We're talking about the 1.7100 zone, an area which sparked an impressive sell off earlier this year.
Are we going to break through or fail?
We could blindy short up here, but at the very least, the bulls have another charge to go.
I would like to see the bears join in, with a close below the lower trendline I have drawn in.
This pair is at the top of my watch list for reversal, with a potential short down to 1.6400, some 600 pips away.
We're talking about the 1.7100 zone, an area which sparked an impressive sell off earlier this year.
Are we going to break through or fail?
We could blindy short up here, but at the very least, the bulls have another charge to go.
I would like to see the bears join in, with a close below the lower trendline I have drawn in.
This pair is at the top of my watch list for reversal, with a potential short down to 1.6400, some 600 pips away.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.