EURNZD (D): If it breaks we can make 130 - 350 pips...

In a nutshell:

• Currently EURNZD is testing the PRZ (Price Resistance Zone): 1.7230 - 1.7300
  
• Wait until EURNZD breaks through 1.710 (which might take a couple of days)
  
• If the break happens, sell EURNZD with TP1: 1.6970 (130 pips) & TP2: 1.6750 (350 pips); (wait for the retest and confirmation)
  
• If the trade is triggered, this trade will run 8 - 12 business days
  
• Rational: apart from RSI/MACD/PRZ have a look at the volume & ATR (both went down which is an add. indicator for a new momentum; w/o an indication of dircetion)
  

This is not an adivse this is just my personal opinion.

Order storniert