For a long time, the price in eurnzd has been exchanged in a price range.
The interesting thing here is that there is a high probability that we will see lower lows (i.e. price at 1.62)
if continue keeps above the simple moving average of the price of a security then we will see the price at 1.60.
but we can also see a value above 1.7 although I think it will take a while until we see the this price.
Good trade to all!
and always remember Risk Management!!!!
The interesting thing here is that there is a high probability that we will see lower lows (i.e. price at 1.62)
if continue keeps above the simple moving average of the price of a security then we will see the price at 1.60.
but we can also see a value above 1.7 although I think it will take a while until we see the this price.
Good trade to all!
and always remember Risk Management!!!!