I’ve posted a trade idea on GBPNZD earlier this month and have also been selling EURNZD on dips from 1.7620. We can see several commodity currency crosses trending lower. EURNZD is busy testing channel support at 1.6740 and as usual I’ll be waiting for a DAILY close below this handle before considering another sell. My next target will be 1.6640 support zone if my plan triggers.

EURNZD - HINTING AT FURTHER WEAKNESS 28 MAY

Source: MARYNA MURRAY

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