This pair has been overextended beyond R3 monthly pivot(!). Probabilities for a mean reversion are high. I'll be looking for a short entry next week that will correct this up trend.
To enter this short I'd like to see a clear break of R3 pivot. More on this possible trade coming week.
Good trading all!
To enter this short I'd like to see a clear break of R3 pivot. More on this possible trade coming week.
Good trading all!
Comment:
Strong 4 hour bearish candle, I've put a sell stop
Trade active
Trade closed: stop reached:
Re-enter short when it breaks this support
Comment:
EURNZD is still in a correcting move. There's increasing div.
Comment:
