Activemitch7

Possible retracement

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FX:EURNZD   歐元 / 紐元
There is a possibility of a retracement down to support line at 1.733, right now both the EURO and NZD are both sinking in price which may indicate this pair sinking down to this support line, if this is the case I will enter a long at support line with my stop loss at the daily swing low, will also look to close most of my position once it hits resistance at 1.7565 and move stop to BE and see how it reacts to the descending tree line, would hopefully to see it bounce off and hit the ascending trend line
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