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UmarAbdurRehman

EURNZD Sell Setup

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Euro / Dollar New Zealand (FX:EURNZD)  
UmarAbdurRehman Diupdate   
FX:EURNZD   Euro / Dollar New Zealand
Trend Analysis eurnzdshort eurnzdsell eurnzdforecast eurnzdanalysis eurnzdidea eurnzddaily eurnzd4hr
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trendanalysis eurnzdshort eurnzdsell eurnzdforecast eurnzdanalysis eurnzdidea eurnzddaily eurnzd4hr
EUR/NZD testing the downtrend line and seems like the upside is limited and a possible correction is setting up. Short term momentum indicators support the view as well. If it forms a linear compression here, i'd recommend to look for sell setups for a target to 1.7100 or so.

Happy Trading.
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