This pair has been overextended beyond R3 monthly pivot(!). Probabilities for a mean reversion are high. I'll be looking for a short entry next week that will correct this up trend.
To enter this short I'd like to see a clear break of R3 pivot. More on this possible trade coming week.
Good trading all!
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Strong 4 hour bearish candle, I've put a sell stop
Сделка активна
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Сделка закрыта: достигнута стоп-лосс цена
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Re-enter short when it breaks this support
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EURNZD is still in a correcting move. There's increasing div.