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ELITEMT5

EURNZD S and R 1H

Short
Euro / New Zealand Dollar (FX:EURNZD)  
ELITEMT5  
FX:EURNZD   Euro / New Zealand Dollar
Support and Resistance support resistence
2
0
supportandresistance support resistence
EURNZD is near the resistance at 1.79500.

It is trading in the consolidation zone following sell off.

There's a nice confluence zone to short at the resistance level, 78.6% fibo level.

We expect a bearish move from the confluence zone.
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