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UnknownUnicorn180388

EUR.NZD - Historical Resistance At 1.7200

Short
Euro / New Zealand Dollar (FX:EURNZD)  
UnknownUnicorn180388 Updated   
FX:EURNZD   Euro / New Zealand Dollar
Chart Patterns Technical Indicators Trend Analysis ukforexsignals EURNZD
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chartpattern indicator trendanalysis ukforexsignals eurnzd
Currency Pair: EUR.NZD
Time Frame: Daily & 4hr
Predicted Direction: Short

Live EUR.NZD updates will be available in the comments section below
Comment:
This is a pair you should take caution if looking for a short opportunity.
Price has failed to reject the resistance at 1.7200 and i feel price will now make an additional bullish impulse prior to a reversal.
Comment:
A perfect example of why you should wait one more day for the additional confirmation.
I will now await deceleration prior to any pending order placement.
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