EURNZD Long Opportunity

Jonathan Kibbler, October 18th, 2017

Looking towards NZD weakness and looking across the cross pairs we can see that EURNZD has approached a support level.Price has come into the key support and Daily 38.2 fib of daily move. Price has taken out 4 1hr highs looking for a pullback into the highlighted zone for a long opportunity.

Jonathan Kibbler

About the author: Head currency trader at Colmore FX. Jonathan has been professionally trained by two hedge fund managers in London and has grown a strong passion for financial markets. His trading strategy combines Daily, 4HR and 1HR charts with top down analysis to generate trading ideas.

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