EURNZD - Intraday - We look to Sell a break of 1.6779 (stop at 1.6816)
Traded to the highest level in 16 weeks.
The medium term bias remains bearish.
A higher correction is expected.
Bearish divergence is expected to cap gains.
Our profit targets will be 1.6682 and 1.6662
Resistance: 1.6900 / 1.6930 / 1.6970
Support: 1.6830 / 1.6800 / 1.6750
Traded to the highest level in 16 weeks.
The medium term bias remains bearish.
A higher correction is expected.
Bearish divergence is expected to cap gains.
Our profit targets will be 1.6682 and 1.6662
Resistance: 1.6900 / 1.6930 / 1.6970
Support: 1.6830 / 1.6800 / 1.6750
Trade closed manually:
Closed at expiry at 60 pip profit.
