glennmercer

EURNZD Long - Continued EUR Strength, NZD Weakness

Long
glennmercer Updated   
FX:EURNZD   Euro / New Zealand Dollar
This is a pair that could rise throughout the week through Wednesday's NY session. NZD has shown tremendous weakness over the last few trading sessions and EUR is nearing a breakout point. I like the R/R with a relatively tight stop, keeping an eye on the 15m timeframe for an exit strategy if the pair does not reach 1:1 within 4 bars. Cheers
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