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EURNZD Sell the resistance.

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Euro / Dolar New Zealand (FX:EURNZD)  
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FX:EURNZD   Euro / Dolar New Zealand
Support and Resistance EURNZD EUR NZD eurnzdshort Forex forexsignal forexsignals signal signals
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supportandresistance eurnzd eur nzd eurnzdshort forex forexsignal forexsignals signal signals
EURNZD - Intraday - We look to Sell at 1.6653 (stop at 1.6684)

We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible.
We look for a temporary move higher.
A higher correction is expected.
Trend line support is located at 1.6570.

Our profit targets will be 1.6566 and 1.6546

Resistance: 1.6630 / 1.6670 / 1.6700
Support: 1.6600 / 1.6570 / 1.6530
Dagangan ditutup: hentian tercapai

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Penafian

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