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Euro / Dolar New Zealand
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Short EUR/NZD

Oleh kaewei1001
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Unusual strong demand hit and breakout left side supply level 1.60360 twice time, the supply level has been removed. The price has been ranging on top reaches H4 high about 4 hours and bearish momentum appear to be go lower, expect price to reach and retest the first level of demand at 1.59738, will close 70% of profit on that level, the second level of new demand at 1.59455, TP target. Due to strong demand trend has created Higher High in H1 timeframe, have to closely monitor the continuity of bearish momentum which leading the price to retest these demand levels.
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Momentum not strong to lead price go lower.
Chart PatternsTrend Analysis
kaewei1001

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