Price filled the ineficiency from March 2019 but we did not see any significant reaction at the point of origin of that move. Price reamains below the 2020 close.
Price is likely to keep dropping to ca yearly L1 - the next point of origin from July 19. 8 EMA weekly will acts as dynamic resistance in this move.
Its is also carry trade as NZD is with higher interest rates vs EUR.
For any bullish setups price needs to break above 2020 close and above 8 ema weekly.
FOR EDUCATIONAL PURPOSES.
Price is likely to keep dropping to ca yearly L1 - the next point of origin from July 19. 8 EMA weekly will acts as dynamic resistance in this move.
Its is also carry trade as NZD is with higher interest rates vs EUR.
For any bullish setups price needs to break above 2020 close and above 8 ema weekly.
FOR EDUCATIONAL PURPOSES.
交易結束：目標達成
First TP hit交易結束：目標達成
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