EURNZD Buy a break setup.
Updated
EURNZD - Intraday - We look to Buy a break of 1.6707 (stop at 1.6683)
Daily pivot is at 1.6660.
Dips continue to attract buyers.
Selling posted in Asia.
This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside.
A higher correction is expected.
Price action looks to be forming a bottom.
Our profit targets will be 1.6823 and 1.6898
Resistance: 1.6700 / 1.6760 / 1.6800
Support: 1.6670 / 1.6620 / 1.6600
Daily pivot is at 1.6660.
Dips continue to attract buyers.
Selling posted in Asia.
This has resulted in signals for sentiment being at oversold extremes and we look for a move to the upside.
A higher correction is expected.
Price action looks to be forming a bottom.
Our profit targets will be 1.6823 and 1.6898
Resistance: 1.6700 / 1.6760 / 1.6800
Support: 1.6670 / 1.6620 / 1.6600
Trade closed: stop reached
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