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TiborVrbovsky

EUR/NZD in a Bear flag.

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Euro / Dolar New Zealand (FX:EURNZD)  
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FX:EURNZD   Euro / Dolar New Zealand
Flag Support and Resistance Trend Lines EUR NZD EURNZD eurnzdshort EURUSD Forex forexsignals forextrading forexanalysis
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flagpattern supportandresistance trendline eur nzd eurnzd eurnzdshort eurusd forex forexsignals forextrading forexanalysis
EUR/NZD is in a Bear flag with bias to break to the downside.

I am looking to sell either the top of this resistance area which is around 1.7816 or sell the break of the uptrend flag line, currently around 1.7784.

Take profit will be in the middle of the support area, around 1.77380, so roughly 40 to 44 pips profit.

Good luck with this trade!
Tibor
Dagangan ditutup: sasaran tercapai:
Take profit hit! +38 pips

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