EURRNZD 24/5/2020 (MIDAZ TRADING STRATEGIES)

EURNZD

Last week was a good pair to scalp in tight consolidated range.
We expect the pair to breakout of the tight range next week.
Either way of the breakout, we will follow thru, we expect to see new consolidation range soon.
Past month we spotted couple of double tops and double bottoms, Those areas would be our Mid term view ranges we will play along.
Watch out for ballooning BB once price escape current price range 1.7838- 1.7934.