EUR/NZD SHORT then LONG (please say if you disagree)
This chart as shown is currently in a down trend.
I think the down trend will become exhausted as it approaches the golden support (also supported by the Fibonacci retracement) and bounce back up towards the upside.
TP1: is a recent S/R line
TP2: is the High of the previous bullish trend.
Please let me know if you think something else, cheers
I think the down trend will become exhausted as it approaches the golden support (also supported by the Fibonacci retracement) and bounce back up towards the upside.
TP1: is a recent S/R line
TP2: is the High of the previous bullish trend.
Please let me know if you think something else, cheers