TJP_Trader

EURNZD - Testing foot of channel & 200MA

FX:EURNZD   Euro / New Zealand Dollar
Could be poised for a decisive breakdown as price is testing the bottom of the regression trend channel / 200 MA

For a bearish confirmation i'd like to see the channel breaks as well as the Jan 2018 low

Keeping tabs as long consolidations often lead to big breaks

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.