EURNZD - 1 hr chart, short targeting 1.5484
Trend line broken and a nice divergence formed near the top. Another divergence with AO making a lower low but price making a higher low points to weakness to the upside.
Price currently is slowly retracing back to the breakout level of 1.5571. BE @ on a strong close below 1.55309. AO should help guide the trade once its triggered. Look for bearish candlestick patterns near 1.5571 for additional confirmation
Price currently is slowly retracing back to the breakout level of 1.5571. BE @ on a strong close below 1.55309. AO should help guide the trade once its triggered. Look for bearish candlestick patterns near 1.5571 for additional confirmation