swifty0906

EURNZD resistance break

Long
FX:EURNZD   Euro / New Zealand Dollar
Eurnzd could reject resistance if so we could see it follow a new uptrend up to 0.618 fib. Aiming for 1.73, around 300 pips to gain there, although it may form a consistent uptrend meaning it could go even higher, plus it’ll go up a lot, then drop a bit then go up a lot again, if it does this I’ll look for another entry once it dropped, this would be risking more however it would be worth the risk as I would keep open the initial buy which would stay in profit till my target.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.