EURNZD Technical Analysis
EURNZD – Looking To Sell Into Strength Whilst Price Remains Below 1.7200 - 1.7280 Resistance.
Key Levels: Resistance 1.7200 - 1.7280
Price Action: Price is showing signs of slowing up at key resistance in the form of a weekly inside bar and pin bar fake out.
Notes: I hold a bearish bias whilst price holds below 1.7200 resistance, I prefer selling into strength whilst price is contained beneath this significant price zone.
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Technical based trader sharing my thoughts