EUR/NZD shorts

25 thg 2, 2021

EUR/NZD has been in a downtrend for a very long time, so we are looking for shorts. Price broke out of a key support level, around 1.65430. We can expect price to retrace back to this level, and we can take a sell after conformation of trend continuation. This key level also is also 61.80% fib retracement level, which adds another confluence for a short around this level.