Potential Aggressive Move Downward
💡 Trade Idea
📉 Sell EUR/NZD @ 1.7030
🎯 Target Profit 1.6821
🛑 Stop Loss 1.7097
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck!
The price is trading within a bearish channel. It posted a higher correction towards the 1.7056 previous support. Now, our expectation is a move to the downside since it was rejected from the resistance trendline or the upper side of the channel.
📉 Sell EUR/NZD @ 1.7030
🎯 Target Profit 1.6821
🛑 Stop Loss 1.7097
❌ Do not risk more than 1% of your account on each trade
🙂 Good Luck!
The price is trading within a bearish channel. It posted a higher correction towards the 1.7056 previous support. Now, our expectation is a move to the downside since it was rejected from the resistance trendline or the upper side of the channel.
