EURNZD, 1HR tf, buy position for wave-5

Same setup with EURAUD but there is slight difference as on EURNZD wave-3 extension is complete.

We are on the process of wave-4 retracement which might end at around 38.2 fibonacci retracement.

Buy EURNZD 1.6960
Stop loss 1.6910
Take profit 1.7185 (4.5R)

Use only 1-2% risk
Good luck