EURNZD

29 באפר׳ 2018

Here is a quick update for EURNZD. As you can see it is currently in a downtrend and we saw a nice bearish rejection candle form recently. I will be looking to enter on a low risk - high reward sell trade for a 1:6 ratio. If we see rejections of the 50% level and the 75% level then the lows will be broken. If the highs are open we will wait for a pullback before entering any buys. You don't want to get caught in a Fakey pattern.