EURNZD: Potential Breakout Trade

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Euro / Dólar Neo-zelandês (FX:EURNZD)

FX:EURNZD Euro / Dólar Neo-zelandês

Trend Analysis Chart Patterns Wave Analysis Forex trading Technical Analysis trader euro newzealanddollar dollar money

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snapshot

Morning traders!

Today pay close attention to horizontal support on eurnzd.

the market keeps setting new lower highs and with each wave, the market contracts more and more on a structure.

to not be caught by a false breakout, wait at least for a 4H candle close below the underlined area.
then sell on pullback expecting a continuation to 1.8

good luck!

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