EUR/NZD IN CONSOLIDATION OF THE BEGINNING OF TH UPTREND
EURNZD BROKE THE DAILY DOWNTREND LINE AND LOOKS TO START ITS WAY UP.
I WOULD EXPECT THE MARKET TO RETRACE TO 38,2 OR 50%, WHICH IS ALSO ON THE BACK SIDE OF THE TREND LINE, AND BUY THE BREAK OF THE COUNTER TREND LINE.
I WOULD EXPECT THE MARKET TO RETRACE TO 38,2 OR 50%, WHICH IS ALSO ON THE BACK SIDE OF THE TREND LINE, AND BUY THE BREAK OF THE COUNTER TREND LINE.