EURNZD MOVING TOWARDS RESISTANCE ...WHAT WE CAN EXPECT????
GREEN
IF MOMENTUM IS LESS THEN AFTER PRICE CONFIRMATION
YOU CAN GO SHORT AROUND @1.72700
TAKE PROFIT @ 1.70250
RED
IF MONTUM IS HIGH THEN IT WILL BREAK THE PREVIOUS RESISTANCE AND NOW IT HAS SUPPORT
AFTER PRICE CONFIRMATION YOU CAN GO LONG @1.72800
TAKE PROFIT @1.75000
EURNZD , AFTER BREAKING TH PREVIOUS SUPPORT LEVEL NOW IT MOVING TOWARDS NEW SUPPORT LEVEL @1.74900- 1.74600 (Go for Long)
When it was treated as an Support level it will move to previous resistance @1.76000 -1.76300(Go For Short)
EURNZD Sell @ CMP 1.6890
Stop Loss = 1.7480
Take Profit 1 = 1.6646
Take Profit 2 = 1.6353
Take Profit 3 = 1.6109
For Forum Discussion: EURNZD LeTechs Forum
