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PrimedGroup
Nov 24, 2020 5:05 PM

EURNZD Sell / 3+ RR, bearish continuation Short

Euro Fx/New Zealand DollarFXCM

Description

We took a short on this forex pair (EURNZD) with the idea that price action could continue the bearish momentum as it has over the last few trading sessions.

RSI is up, Price rejected the 38.2% plenty of time. The middle of the DC is around the resistance too which would indicate that the trend "should" remain bearish.

Good luck!
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