EURNZD has been slowly making it's way down to our entry area. There's a bearish fib on it and the -0.27 lines up with the ascending trendline where we are anticipating a reaction. A SAFE entry would be the break of the flag and stop loss below the flag.
See links below as to why we're anticipating NZD weakness.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.