Akil_Stokes

EURNZD - Breakout Retest

Long
FX:EURNZD   Euro / New Zealand Dollar
Here's something that we just took a look at in the Live Room, while watching Yeelen's Testimony.

EURNZD (Which is a pair I don't trade, for those who think I trade every idea that I post) is has rallied toward previous structure highs and is now retracing back down into the previous pennant pattern highs. Although I wouldn;t be looking for a full trend continuation move here, I certainly think there is the opportunity for a trader to involve themselves in a low-risk trade looking for a retest of the highs.

Akil Stokes
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