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lukelehepuu

BULLS NEED TO DEFEND EURNZD 1.5000

Euro / Dollaro neozelandese (FX:EURNZD)  
lukelehepuu  
FX:EURNZD   Euro / Dollaro neozelandese
EURNZD EUR euro NZD newzealand fx Forex
5
0
eurnzd eur euro nzd newzealand fx forex
Looking at EURNZD it is very possible we get a breakdown here. The bulls are going to try and defend 1.5000 with their lives. If we get a convincing break and close below then there is a huge open space that could let price fall to 1.3980.

This looks to have a nice risk to reward ratio so I will be keeping a close eye on this one!

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