JamesSpindler

EURNZD - DOWNSIDE ON DAILY (DEATH CROSS & FIBONACCI RESISTANCE)

Short
FX:EURNZD   Euro / New Zealand Dollar
Merry Christmas everyone, or should I say Happy Holidays...?! It has been an amazing year for DTS and our subscribers; once again we have decided to publicise this analysis to provide everyone with a great new year. Our previous analysis for pairs like GBPUSD / AUDNZD / USDCAD have all been successful, and providing you have discipline and patience, we are confident the same result will happen here.

EURNZD is confirming a long term sell off on the daily with a death cross on it's way, accompanied with Fibonacci resistance. To further confirm this entry the price has broken through the trend line shown and presented a bearish hammer. With all of this in mind, we are confident in a sell off.


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