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roostyroo25

EUR/NZD SHORT then LONG (please say if you disagree)

Euro / New Zealand Dollar (FX_IDC:EURNZD)  
roostyroo25  
FX_IDC:EURNZD   Euro / New Zealand Dollar
Trend Analysis Technical Indicators
2
0
trendanalysis indicator
This chart as shown is currently in a down trend.

I think the down trend will become exhausted as it approaches the golden support (also supported by the Fibonacci retracement) and bounce back up towards the upside.

TP1: is a recent S/R line
TP2: is the High of the previous bullish trend.
Please let me know if you think something else, cheers
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