EURNZD Sell into a rally setup.
EURNZD - Intraday - We look to Sell at 1.6278 (stop at 1.6314)
Expect trading to remain mixed and volatile.
The primary trend remains bearish.
Preferred trade is to sell into rallies.
50 4hour EMA is at 1.6260.
Our profit targets will be 1.6181 and 1.6161
Resistance: 1.6270 / 1.6300 / 1.6330
Support: 1.6230 / 1.6200 / 1.6170
Expect trading to remain mixed and volatile.
The primary trend remains bearish.
Preferred trade is to sell into rallies.
50 4hour EMA is at 1.6260.
Our profit targets will be 1.6181 and 1.6161
Resistance: 1.6270 / 1.6300 / 1.6330
Support: 1.6230 / 1.6200 / 1.6170
Trade closed: stop reached
