ErnieTrades_

EURNZD: Trend continuation to the downside

Short
ErnieTrades_ Updated   
OANDA:EURNZD   Euro / New Zealand Dollar
Entry: 1.655
TP 1.635
SL 1.6645
RIsk/Reward Ration: 2.28

Retail money 75.7% Long.

A clear downtrend in the 1D chart. Higher lows with clear rejection of key support levels. Both MAs showing the start of a strong downtrend.
Trade closed: target reached:
TP hit during CPI news 12/13/2022 with a nice 2.28% gain 1:2.28 RR

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