MoolahMaker

EURNZD - Incoming Drop Possibility

Short
MoolahMaker Aggiornato   
FX:EURNZD   Euro / Dollaro neozelandese
Keep an eye out for EURNZD. It has dropped under the 1H 50 EMA.

As long as the 50 EMA holds as resistance, we have a go for a move back down.

Put your SL above the 1H 50 EMA with a little bit of space to it in case of volatility.

Trade safe.
Commento:
If you have an open position, close it for the time being. Wait for the pair to successfully make a high test and confirm its resistance. Eventually, if the resistance holds strong we'll have a sell. If the resistance canoot hold, then we'll have a buy back up.
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