Euro / Dolar New Zealand
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EURNZD Monthly Support - Reversal Incoming

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Hi friends,

EURNZD has been fairly stubborn and gone against technicals on the weekly and daily. We are now at the monthly up trend line, which I am expecting a strong support here to hold.

Most likely this month will close right on the up trend line and we will not see a movement north until December.

I still expect price to head back towards 1.7600 - 1.7700s but patience is crucial here.

Some trades will take longer than others, as this is one I have held longer than my other trades as a swing trader but you must trust logic over emotion.

Stay tuned and let me know if there are any questions at all.


Charles V
CVFX Management
Trading made Simple
Oct: +30% growth
Nota
Price has broken down trend line on the daily, looking for a bull candle close above then will be adding buys.
syot kilat

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