EURNZD has just broken a descending triangle and support at 1.60 levels. It should come back and test these levels, in which case we have a shorting opportunity. The target is at 61.8 retracement of previous swing.
Trade type: Retracement
Price: 1.6010
Tgt: 1.5830
Stop Loss: 1.6110
R/R Ratio: 1.90 (approx)
Trade type: Retracement
Price: 1.6010
Tgt: 1.5830
Stop Loss: 1.6110
R/R Ratio: 1.90 (approx)