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EUR/NZD BEARS WILL DOMINATE THE MARKET|SHORT

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Euro / Dolar New Zealand (FX:EURNZD)  
EliteTradingSignals  
FX:EURNZD   Euro / Dolar New Zealand
Trend Analysis Chart Patterns Wave Analysis EURNZD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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trendanalysis chartpattern waveanalysis eurnzd short sell trading bearish forex forecast tecnhicalanalysis containsimage
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Hello,Friends!

EUR/NZD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 5H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.733 area.

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Penafian

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