EUR/NZD Short
Here on the daily chart of the EUR/NZD we can see that we bounced of a big resistance level and also formed a double top pattern. Because of the decreasing trendline we are looking for shorting options with a nice risk-to-reward ratio. with the 500 EMA (blue line) as our first take profit level
Happy trading!
Happy trading!
Nota
At the moment price is consolidating on the 1H chart, between te levels of 1.71125 and 1.70905, we are waiting for a breakout to confirm the entry on the Daily chart
Aviso legal
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