CoinCaller

EURNZD STRONG SELL SETUP

Short
FX:EURNZD   Euro / New Zealand Dollar
PRICE ACTION IS CURRENTLY CONSOLIDATING AROUND A POTENTIAL ENTRY POINT FOR A SHORT POSITION, AS YOU CAN SEE PRICE ACTION BROKE THE ASCENDING TRENDLINE AND HAS CAME BACK TO RETEST, THIS COULD BE A CORRECTIVE WAVE AND WE ARE NOW JUST LOOKING FOR FURTHER PRICE ACTION CONFIRMATIONS BEFORE FOLLOWING THE ANALYSIS.
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