Forex Analysis Of EUR/NZD

EUR//NZD - Daily

After many retests, there is a downtrend in EURNZD.

Sell stop EUR/NZD at (1.72901)
Stop Loss: 1.76317
Take Profit: 1.65885

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Dick Kaplan 4 years ago Member's comment

Not much being said here. Can you elaborate on what this means and your thoughts on the matter?

Shatakarni Vanimireddy 4 years ago Contributor's comment

The price was retested 4 times and failed for breakout. so i predict that the price goes down. FYI, already 75 pips are down