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EURNZD - Short Off 1.71300 Resistance Level

Short
Euro / New Zealand Dollar (OANDA:EURNZD)  
forexlens Updated   
OANDA:EURNZD   Euro / New Zealand Dollar
Trend Analysis EURNZD eurnzdforecast eurnzdshort
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trendanalysis eurnzd eurnzdforecast eurnzdshort
A nice short opportunity has appeared for EURNZD. This trade can complete the range fill all the way to 1.61220. The only caveat is the fundamental events that are pressing on the New Zealand Dollar. Take this trade with a side of caution.
Comment:
Trade was closed with a minor loss after a bullish engulfing candle was printed on the 1hr time frame.
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