Price has been rejected by the up trend line and montly pivot...

Short

Euro / New Zealand Dollar (FX:EURNZD)

FX:EURNZD Euro / New Zealand Dollar

trendanalysis eurnzdshort eurnzd short downtrend

The up trend line has been broken and the retracement seems concluded... aditionally, the monthly pivot has made its work rejecting the price... so for me it is a good time for short with my target close to the quartely pivot... any good comment?

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