earnwithwern

EUR NZD Long off 1.67000

Lång
earnwithwern Uppdaterad   
FX:EURNZD   Euro / Nyzeeländsk dollar
After a major drop on EN, we can see price bottoming out. I favor an upside move before potentially continuing further down. However, a break and Daily close above our TP2 could see this pair move further up to the 1.70500 range. For now, I hold onto my corrective bias. @earnwithwern
Kommentera:
As indicated, a closure above 1.67500 would have given as an opportunity to potentially long. Now awaiting 1.67000 retest before looking for a short instead. Dual-bias are always interesting. Always remember in a case like this, wait for price action before taking any entry as the risk is too big.
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