EURNZD - Bearish Bias
EUR - BEARISH
1️⃣ Eurozone economy is recovering but most of the region still in lockdown.
NZD - BULLISH
1️⃣ Supported by a weaker US dollar and a better employment report for Q1 in New Zealand continues to provide support to the NZD.
2️⃣ April's housing data revealed that the government's steps to curb the housing bubble have yet to have the desired impact, the latter is set to be closely scrutinized.
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Technical
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We are selling the EURNZD at resistance + below SMA 50 on the H1 chart.
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Risk to this trade
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Any change in sentiment could turn the pair's direction.
1️⃣ Eurozone economy is recovering but most of the region still in lockdown.
NZD - BULLISH
1️⃣ Supported by a weaker US dollar and a better employment report for Q1 in New Zealand continues to provide support to the NZD.
2️⃣ April's housing data revealed that the government's steps to curb the housing bubble have yet to have the desired impact, the latter is set to be closely scrutinized.
=====
Technical
=====
We are selling the EURNZD at resistance + below SMA 50 on the H1 chart.
=====
Risk to this trade
=====
Any change in sentiment could turn the pair's direction.
Transaction en cours
Trade fermée: cible de profit atteinte
✅ TRADE HAS HIT TP+20 PIPS
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.
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.