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EURNZD Technical Analysis

5/27/2019

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Picture

EURNZD – Looking To Sell Into Strength Whilst Price Remains Below 1.7200 - 1.7280 Resistance.

Trend: Neutral

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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    Dominic James

    Technical based trader sharing my thoughts

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