EURNZD (D): If it breaks we can make 130 - 350 pips...
In a nutshell:
This is not an adivse this is just my personal opinion.
- Currently EURNZD is testing the PRZ (Price Resistance Zone): 1.7230 - 1.7300
- Wait until EURNZD breaks through 1.710 (which might take a couple of days)
- If the break happens, sell EURNZD with TP1: 1.6970 (130 pips) & TP2: 1.6750 (350 pips); (wait for the retest and confirmation)
- If the trade is triggered, this trade will run 8 - 12 business days
- Rational: apart from RSI/MACD/PRZ have a look at the volume & ATR (both went down which is an add. indicator for a new momentum; w/o an indication of dircetion)
This is not an adivse this is just my personal opinion.
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